38/257-259 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.
ALMOST 10% RETURN!! BARGAIN AT $125,000 (SIMILAR UNITS IN COMPLEX FOR SALE AT $170,000+)
With a GUARANTEED RENTAL RETURN of $1,026 NET PER MONTH, this fully furnished TOP LEVEL modern 1 bedroom unit is a BARGAIN at $125,000!
Offering a fully equipped kitchen, air-conditioned tiled living area which opens out onto the private balcony. Positioned just a short walk from the hospital, world famous Cairns Esplanade and lagoon, this a great location purchase.
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 3,944 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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