OFF MARKET

7/294-298 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 59m2
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Property Details for 7/294-298 Sheridan St, Cairns North

7/294-298 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1994
Floor Size
59m2
Land Size
59m2
Local Government
Cairns Regional
Lot/Plan
7/BUP100720

Last Listing description (September 2022)

Offering a wonderful investment opportunity, this property is centrally located within walking distance to the Cairns Esplanade, only minutes from shops, bars, restaurants and the Cairns CBD, and just 5km away from the Cairns Domestic and International Airports.

This stylish unit enjoys a ground floor position, with a private, leafy courtyard overlooking the pool area. Recently refurbished with new tiles in the living area and bedroom, with modern finishes throughout and fully self-contained.

Featuring:

Open plan layout with private courtyard
Spacious bedroom with built-in robe
Fully equipped kitchen with dishwasher
Full laundry facilities available in the bathroom
Airconditioned throughout with ceiling fans
Convenient and accessible ground floor position
Free, off-street parking
Comprehensive tour information and bookings desk onsite

The Tropic Towers complex has exceptional onsite management and is well maintained, with lush tropical gardens, a large resort-style swimming pool with spa and BBQ area.

Body corporate levies $6,076.35 p/a with a healthy sinking fund in place. The complex is zoned for holiday/short-term use only and is waiting for it's new owners to reap the benefits!

Property History for 7/294-298 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$140,000
18 Aug 2022
  • 18 Aug 2022
    Sold for $140,000
  • 22 Jun 2022
    Listed for Sale UNDER CONTRACT
  • 16 Mar 2018
    Sold for $98,000
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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 3,952 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.
There are currently 36 properties listed for sale, and 48 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 229 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.