SOLD
Sold on 17 Apr 2024 for $175,000

44/294-298 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 59m2
Sold By
Freeman's Residential Cairns
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Property Details for 44/294-298 Sheridan St, Cairns North

44/294-298 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
59m2
Land Size
59m2
Local Government
Cairns Regional
Lot/Plan
44/BUP100720

Last Listing description (June 2024)

You are welcome to inspect unit 44 at 294-298 Sheridan Street Cairns North.

Nestled on the top floor of a well-kept complex, this spacious one-bedroom unit is a fully furnished retreat with dual benefits. Use it for your vacations in Cairns and rent it out for short-term stays the rest of the time. It's a win-win investment.

Enjoy the mountain views from the balcony during your Cairns getaway, and when you want city vibes, a short drive or bus ride takes you to the Esplanade lagoon, casino, marina, restaurants, cafes, art gallery, nightlife, and shopping.

The complex adds value with onsite management, a handy lift, and outdoor amenities like a barbecue area and swimming pool.

Features include:

* Open plan

* One bedroom

* One bathroom

* One balconie with views

* Air conditioned

* Kitchen

* Internal laundry

* Fully furnished

Complex Features:

* On site management

* Lift

* Shared pool & outdoor SPA

* Barbecue Facilities

* Tour Desk

* Unallocated parking

For investors:

Price: $185,000

Rates: $2,930 approximately per year

Body Corporate approximately: $11,012.10 per year

Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.

*Currently used as holiday letting

**This property is strictly for investment and short-term rentals, not permanent residential zone. Suitable for holiday letting and short stays.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement

Property History for 44/294-298 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$175,000
17 Apr 2024
  • 17 Apr 2024
    Sold for $175,000
  • 29 Jan 2024
    Listed for Sale $185,000
  • 11 May 2022
    Sold for $119,000
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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 3,944 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:

  • 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 35 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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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.