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Sold on 19 Nov 2024 for $451,000

6/327-329 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 102m2
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Property Details for 6/327-329 Lake St, Cairns North

6/327-329 Lake St, Cairns North is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 102m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Cairns North in the last 12 months.

Building Type
Apartment
Floor Size
71m2
Land Size
102m2

Last Listing description (November 2024)

Conveniently located in the heart of Cairns, and only one street back from the iconic Cairns Esplanade is this immaculately presented unit in a highly desirable complex with low Body Corporate fees. With just a short drive or stroll to the CBD, this unit is a great opportunity for investors, holiday letting or someone wanting to live close to the city.

Features:
This timeless unit is recognised for its exceptional design features, including high ceilings that offer natural light and create an airy, inviting atmosphere.

Beautiful natural tones enhance the aesthetic appeal, complemented by polished concrete flooring throughout.
At the center of the unit is the renovated kitchen with a breakfast bar, expansive bench and cupboard space.
Generous air-conditioned open-plan living and dining area that flows seamlessly to the main balcony, creating an ideal space for entertaining.
Both bedrooms are spacious with built-in robes and split system air conditioning, while the main bedroom also features a private balcony.
Enjoy the convenience of the renovated bathroom with walk-in shower, complemented by an internal laundry for everyday ease.

Additional features:
Private lock up garage
Healthy sinking fund
Body Corporate Fees: $4,039.02 per year
Council Rates: Approx $1,460 half yearly
Rental Appraisal: Approx $550 to $575 per week

Ideally positioned minutes away from highly sought-after schools, Cairns Central Shopping Centre, and the stunning Cairns Esplanade, as well as Cairns Airport and both private and public hospitals. This unit offers unparalleled convenience with walking distance to nearby amenities, including friendly grocery stores, the Cairns International Tennis Centre, and Tobruk Swimming Pool.

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Property History for 6/327-329 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$451,000
19 Nov 2024
Listed for Rent
$400/w
27 Mar 2021
  • 19 Nov 2024
    Sold for $451,000
  • 23 Oct 2024
    Listed for Sale $449,000
  • 07 Mar 2021
    Listed for Rent $400 / 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 3,985 properties. Over the last 5 years, Houses in Cairns North have seen a 39.39% increase in median value, while Units have seen a 64.59% increase. As at 30 November 2024:

  • The median value for Houses in Cairns North is $655,686 while the median value for Units is $397,972.
  • Houses have a median rent of $540 while Units have a median rent of $470.
There are currently 49 properties listed for sale, and 37 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.

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