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Sold on 05 Nov 2024 - Price Unavailable

32/261-265 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 29m2
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Property Details for 32/261-265 Sheridan St, Cairns North

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.

Building Type
Studio
Land Size
29m2
Local Government
Cairns Regional

Last Listing description (November 2024)

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:

- Private and quiet, gated complex of only 31 units
- Ground-floor, air-conditioned studio apartment, 29m²
- Functional kitchenette
- In-ground swimming pool
- Barbecue and entertainment area
- Secure parking
- Shared communal laundry facilities

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.

Property History for 32/261-265 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
05 Nov 2024
Listed for Rent
$330/w
24 Oct 2024
  • 05 Nov 2024
    Sold for $115,000
  • 24 Oct 2024
    Listed for Rent $330 / week
  • 02 Oct 2024
    Listed for Sale SOLD - Another One Wanted!

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About Cairns North 4870

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:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 40 properties listed for sale, and 32 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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Contact agent
Natasha Whalley-Thompson
Show contact details
Ray White Cairns
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.