6/261-265 Sheridan StreetCairns North QLD 4870
Property Details for 6/261-265 Sheridan St, Cairns North
6/261-265 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 30m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (September 2023)
This fully furnished one bedroom studio apartment is superbly located only a 3 min drive from the City Centre, walking distance to The Esplanade and a 4 min drive to Cairns International Airport.
Add the convenience of 'The Winston' a secure gated complex with onsite parking and a large swimming pool make for the perfect affordable investment opportunity that include Airbnb hosting, short term/ long term rental or a handy inner-city abode to fly in fly out of.
Fully furnished, ground floor studio apartment
Air conditioned
Secure gated complex with on site parking
Super convenient location
Walk to Cairns Esplanade
4min drive to International Airport
3min drive to Cairns CBD
Pool in the Complex
Fabulouse Airbnb location
Happy tenants in place wanting to stay
Live in or invest long term/short term
Currently tenanted until - 26/10/23 at $260pw
Rates approx. - $2,680 per year
Body Corp Levies - $6,420 per year
A great place to start for first time investors or Airbnb hosts looking for profits, the apartment can also be permanently lived in. Please contact Darcy Smith on 0400 080 555 for further information or to arrange an inspection.
Property History for 6/261-265 Sheridan St, Cairns North, QLD 4870
- 30 Aug 2023Sold for $115,000
- 15 Aug 2023Listed for Sale Offers Over $109,000
- 01 Jul 2021Sold for $85,000
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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 3,972 properties. Over the last 5 years, Houses in Cairns North have seen a 33.04% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:
- The median value for Houses in Cairns North is $635,500 while the median value for Units is $372,537.
- Houses have a median rent of $520 while Units have a median rent of $450.
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