OFF MARKET

32/265 Sheridan Street
Cairns North QLD 4870

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

32/265 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 29m2.

Building Type
Unit
Year Built
1977
Land Size
29m2
Local Government
Cairns Regional

Last Listing description (May 2024)

A little will go along way with this property. Situated within the 'Winston Complex' this inner city fringe establishment presents as an easy set-and-forget investment property, or a quaint little bedsit for the Owner Occupier that is eager to get their foot on the property ladder.

Property Highlights:
- Private and quiet gated complex of only 31

- Ground floor, air-conditioned studio apartment, 29m2
- Functional kitchenette
- Inground swimming pool
- Barbeque, and entertainment area
- Security parking area, CCTV
- Shared communal laundry facilities

This property offers a great prospect for those who want the convenience of living in the city without the price tag. Within immediate proximity to all major amenities, including but not limited to schools, hospitals, public transport, major shopping centres, medical facilities, the Cairns' Esplanade, Lagoon and airports.

The 'Winston Complex' also offers a great potential to capitalise on Cairns' strong tourism market and Airbnb/Short Let accommodation may turn this little bedsit into an opportunistic cash cow.

The Bottom Line:
Currently achieving $240p/w until August 2023
Current rental appraisal: $240 - $255per week.
Body Corporate Levies: $6,500 approx. p/a

Contact Natasha Whalley-Thompson on 0487 154 973 to register your interest. A minimum of 24 hours' notice is required due to the tenancy agreement

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

A timeline of how this property has performed in the market
  • 07 Mar 2023
    Listed for Sale SOLD! Another Wanted
  • 03 Dec 2019
    Listed for Sale Reduced to $60,000

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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 3,954 properties.

    There are currently 46 properties listed for sale, and 23 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Cairns north.

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    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.