OFF MARKET

7/253-255 Lake Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 72m2
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Property Details for 7/253-255 Lake St, Cairns North

7/253-255 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 72m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1999
Floor Size
64m2
Land Size
72m2
Local Government
Cairns Regional
Lot/Plan
7/SP119095

Last Listing description (September 2020)

Spacious fully furnished apartment in great location. Super City home or rental investment !!

This very well presented 72sqm2 first floor apartment ticks all the boxes if you are looking for a great City apartment in a great location close to the Esplanade and very convenient for both the CBD, hospital and airport. This delightful apartment is light and spacious and air conditioned. The development is very well maintained and well run by the friendly on site managers. Absolutely ideal for the home owner to live in or fantastic rental investment.

* Fully furnished and self contained modern apartment.

* Secure underground parking for residents.
* Large bedroom with built in robes.
* Great size tiled living and dining areas.
* Fitted kitchen with appliances included.
* Spacious bathroom and separate laundry.
* Attractive balcony.
* Annual Body Corp levies of approx $5,667 includes buildings insurance.
* High demand for rental accommodation within the area with average rent around $350.00 per week.
* Fantastic investment or city home

Property History for 7/253-255 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$160,000
28 Sep 2020
  • 28 Sep 2020
    Sold for $160,000
  • 19 Dec 2019
    Listed for Sale Under Contract with Tim
  • 07 Jul 2016
    Sold for $140,000
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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 3,964 properties. Over the last 5 years, Houses in Cairns North have seen a 36.76% increase in median value, while Units have seen a 57.48% increase. As at 31 July 2024:

  • The median value for Houses in Cairns North is $642,689 while the median value for Units is $367,894.
  • Houses have a median rent of $525 while Units have a median rent of $450.
There are currently 51 properties listed for sale, and 23 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 239 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.