SOLD
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Sold on 15 Aug 2023 for $470,000

8/16-18 Smith Street
Cairns North QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 145m2
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Property Details for 8/16-18 Smith St, Cairns North

8/16-18 Smith St, Cairns North is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 3 bedroom Apartment sold in Cairns North in the last 12 months.

Building Type
Apartment
Floor Size
145m2
Local Government
Cairns Regional
Lot/Plan
8/SP172549

Last Listing description (August 2023)

Attention Investors and Homeowners! Discover the epitome of urban living at "Kiplings" – an exclusive, contemporary apartment complex of only 15 nestled on the City fringe. Enjoy your low cost City lifestyle with cheap Body Corp Fees of only $4500/yr and positioned within walking distance of Cairns Esplanade and Base Hospital.

Experience luxury living in this south-east facing gem! Embrace cool southerly breezes and entertain year-round on your extra-large balcony. Enjoy privacy and tranquillity on the first floor, with fewer stairs to climb. Revel in the natural light and refreshing airflow from additional windows. This spacious apartment offers 3 bedrooms, built-in robes, master ensuite, bathtub, and a separate laundry. Peace of mind is guaranteed with secure access, intercom, basement parking, and a lock-up storage room. Don't miss the chance to make 'Kiplings' your personal sanctuary. Act now and secure your dream apartment in this sought-after complex!"

Facts and Figures:-

Complex of only 15
8 spare carparks
Size of unit: 103sqm
Size of balcony: 25sqm
Single carpark: 14sqm
Storage room: 2sqm
Total Lot Size: 145sqm

Sinking Fund: $62,994
Body Corp Fees: $4,460/pa
Council Rates: $2,760/pa
Rental Potential: $665/wk
At $475,000 = 5.7% NET ROI

All information contained herein is gathered from sources we believe to be reliable.

Property History for 8/16-18 Smith St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$470,000
15 Aug 2023
  • 01 Aug 2023
    Sold for $470,000
  • 27 Oct 2012
    Sold for $272,500
  • 26 Feb 2007
    Sold for $317,000
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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 3,959 properties.

    There are currently 51 properties listed for sale, and 21 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Cairns north.

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    Contact agent
    Karl Latham
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    Andrea Rolley
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    Twomey Schriber Property Group
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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.