6/267-269 Sheridan StreetCairns North QLD 4870
Property Details for 6/267-269 Sheridan St, Cairns North
6/267-269 Sheridan St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.
Last Listing description (May 2022)
You are welcome to inspect unit 6 at 267-269 Sheridan Street, Cairns North.This centrally located and close to everything apartment is positioned on the second floor of a secure and gated complex. Full of light and gentle breezes this great 2-bedroom 1-bathroom property offers an affordable investment opportunity or a centrally located apartment to live in. Only minutes away from Cairns Central, Cairns Base Hospital, Esplanade, Schools and Public Transports, this property represents the perfect entry level opportunity for a young professional, young couple with children, retirees looking to downsize and Investors. Get in quick as this unit is priced to sell and the studious buyer is sure to take advantage of this fantastic opportunity.Features include:* Two spacious bedrooms with built-in wardrobes and study desk* One bathroom* Air conditioning* Spacious amp; open living area* Ceiling fans* Private Balcony* Carpark* Internal Laundry* Minimal maintenance* Full of natural lightFor investors:Price: Offers over $169,000Rental Appraised: 320 - $360 per weekRates: $2,600 approximately per yearBody Corporate: $5,133.49 per yearPotential rental Yield: Approximately 6% (Estimate only)Potential annual rental income: $18,720 (Estimate only)Unit is currently tenanted till the 31st of May - 24 hours notice are needed to inspect the property.Contact Claudio now at claudio@freemans.property to organise a private inspection.** Rental Yield and Rental Income are approximate and based on the current market***Photos have been digitally cleaned and digital furniture applied to keep the tenant privacy
Property History for 6/267-269 Sheridan St, Cairns North, QLD 4870
- 29 Nov 2023Sold for $190,000
- 28 Mar 2022Sold for $157,500
- 03 Mar 2022Listed for Sale Offers Over $169,000
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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 3,935 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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