32/261-265 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Studio. The property has a land size of 29m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Studio sold in Cairns North in the last 12 months.
A little will go a long way with this property!
Situated within the 'Winston Complex,' this inner-city fringe establishment is an ideal set-and-forget investment or a quaint bedsit for the Owner Occupier looking to get their foot on the property ladder.
Property Highlights:
This property offers great appeal for those seeking the convenience of city living without the hefty price tag. It is situated within immediate proximity to all major amenities, including schools, hospitals, public transport, shopping centers, medical facilities, the Cairns Esplanade, Lagoon, and airports.
The 'Winston Complex' also presents an opportunity to capitalize on Cairns' strong tourism market, making it a prime candidate for Airbnb or short-let accommodation, potentially transforming this little bedsit into a lucrative venture.
The Bottom Line:
- Currently Vacant for new owner
- Current rental appraisal: $300 - $330 per week
Contact Natasha Whalley-Thompson on 0487 154 973 to register your interest.
The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.
Cairns North has 3,941 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:
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