OFF MARKET

42 Lily Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 131m2
Land area: 703m2
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Property Details for 42 Lily St, Cairns North

42 Lily St, Cairns North is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 703m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1960
Floor Size
131m2
Land Size
703m2
Local Government
Cairns Regional
Lot/Plan
13/RP706387

Last Listing description (May 2023)

At last! Offering the best of both worlds, a fantastic investment opportunity showing great returns, with multiple opportunities for the savvy investor, all wrapped up in old-world Queenslander charm.

Offering a spacious two-bedroom unit at the front and a one bedroom unit at the rear, both units are showing desirable returns making this is an ideal investment for the future and offering buyers great flexibility and potential; Live in one side and rent the other or rent both.

- Unit 1 - Currently rented for $480 per week

- Unit 2 - Currently rented for $380 per week
- Gross return of 6.9% PA.

All this and more with polished timber floors, tongue and groove walls and ornate plaster ceiling.

Set on a large 703sqm city block with DA approval for future development, the quiet location offers proximity to quality schools, transport, medical centres, walking distance to the Cairns Esplanade and a vast array of restaurants and shops.

Opportunities like this are rare, so don't miss out! Call Ken today to book your private inspection.

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Property History for 42 Lily St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$647,000
08 Mar 2023
Listed for Rent
14 Mar 2024
  • 08 Mar 2023
    Sold for $647,000
  • 21 Jul 2022
    Listed for Sale $675,000
  • 24 Apr 2020
    Listed for Rent $395 / week
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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 3,957 properties.

    There are currently 51 properties listed for sale, and 21 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Cairns north.

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