5/349-351 Lake StreetCairns North QLD 4870
Property Details for 5/349-351 Lake St, Cairns North
5/349-351 Lake St, Cairns North is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Apartment sold in Cairns North in the last 12 months.
Last Listing description (July 2024)
Nestled within the highly coveted Park Royal area, this stunning, contemporary apartment resides in a secure, upscale complex, conveniently situated just 300 meters from Cairns Esplanade and 1 kilometre from Cairns Base Hospital.
Perched on the second floor, this exceptional dwelling boasts a unique vantage point, offering picturesque views of verdant green fields and the majestic Mt Whitfield. A rare gem in city living, it provides the perfect retreat with its expansive 20-square-meter balcony, affording uninterrupted vistas of North Queensland's natural beauty.
Recently renovated with meticulous attention to detail, the apartment exudes luxury and comfort, presenting an ideal haven ready for immediate occupancy.
Designed with practicality in mind, the layout effortlessly accommodates guests or potential renters, with the master bedroom thoughtfully separated from the additional two bedrooms.
Distinguishing itself from others, this apartment is one of just three in the complex featuring a generous 1m x 3m lock-up storage room, ideal for housing bicycles and extra belongings alongside the secure undercover parking space.
Additional amenities include:
-High-quality porcelain tiling
-Air conditioning
-Contemporary lighting fixtures
-Skylights in the bathroom and kitchen
-Custom-made antique-style glass splashback
-Granite countertops in the kitchen and bathrooms
-Internal laundry facilities and ample storage space
-Well-appointed kitchen with new appliances, including dishwasher, cooktop, oven, and rangehood
-Impressive industrial ceiling fan
-Plantation shutter blinds in two of the bedrooms
-Roller shade blinds on the balcony
-Comprehensive 24/7 monitored security system, including full-camera surveillance and brand-new mobile phone entry intercom
-On-site swimming pool and spa
-Secure pedestrian and vehicle gate access
-Pet-friendly policy
FACTS & FIGURES:
Lots in Complex: 23
Unit Size: 131m2
Body Corp Fees: $6,857 per annum
Council Rates: $2,920 per annum
Sinking Fund: $55,753 credit as at April 2024
Current Rent: $660 per week until 1st August 2024
ROI: 6.18% GROSS on $660 rent per week
This remarkable offering won't last long-seize the opportunity to make it yours today!
Property History for 5/349-351 Lake St, Cairns North, QLD 4870
- 15 Jul 2024Sold for $545,000
- 14 Jun 2024Listed for Sale SOLD BY KARL LATHAM
- 26 Jul 2023Listed for Rent $660 / week
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0About 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.
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