OFF MARKET

7/239 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 64m2
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Property Details for 7/239 Lake St, Cairns North

7/239 Lake St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 64m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1988
Floor Size
65m2
Land Size
64m2
Local Government
Cairns Regional
Lot/Plan
7/BUP70791

Last Listing description (December 2023)

Perfectly positioned overlooking the pool within the well-maintained complex 'Reef Gateway Apartments, 'The Ray Murphy Team' proudly presents to the market a fantastic opportunity for the astute investor to secure a light and bright, furnished, two-bedroom apartment in the heart of Cairns.

PROPERTY FEATURES:
- Furnished unit

- Two generous bedrooms with built in robes
- Functional kitchen with free-standing stove/oven
- One bathroom
- Internal laundry
- Private balcony
- Sparkling in-ground swimming pool with bbq area
- Single under cover car park
- Cairns State High School Catchment

THE FIGURES:
- Body Corporate Fees: $6,125.02 approx. p/a
- Council Rates: $2,700 approx. p/a
- Rental Income: Currently achieving $380.00 per week until November 2023

Conveniently located, only a short stroll to the Cairns Esplanade, Private and Public High Schools, Award winning Restaurants, Caf?'s, Cairns Hospital and all major amenities.

Contact 'The Ray Murphy Team' today to register your interest! A minimum of 24 hours notice required due to tenancy.

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property History for 7/239 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$305,000
22 Aug 2023
Listed for Rent
$380/w
11 Nov 2022
  • 22 Aug 2023
    Sold for $305,000
  • 10 Aug 2023
    Listed for Sale SOLD! Another Wanted
  • 26 Oct 2022
    Listed for Rent - Price not available
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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.
There are currently 41 properties listed for sale, and 26 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 238 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.