8/222 Grafton StreetCairns North QLD 4870
Property Details for 8/222 Grafton St, Cairns North
8/222 Grafton St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 88m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (September 2023)
If you're looking for an opportunity, an exceptional value proposition that is as near to a set and forget investment as you can find, welcome to 8/222 Grafton Street. Desirably located for future growth, built solid to last the test of time and with a sterling history of performance, its as close to a sure thing as you'll find.
*INSPECTIONS STRICTLY BY APPOINTMENT*
The Facts
- Open plan, living and dining
- Fully tiled throughout
- Extra large balcony
- Fully Air-conditioned
- Secure, gated complex
- Covered parking
- Located just 2 streets from the Esplanade
- Walking distance to Cairns Base Hospital
- 3 minutes drive, 10 minute walk the Cairns CBD
The Figures
- Currently leased for $325 per week
- Lease renewal appraisal $350 per week
- Leased until 02/06/2024
- Cheap body corp of just $4471 per year
- Council rates $2670 approx per year
- small complex of just 8 apartments
Prime positioning at the forefront of all this tidy investment property has to offer, the nearby development and expansion of the Cairns Base hospital and university facilities are sure to generously lend itself to the future desirability, rentability and capital growth potential for this solid purchase.
For all enquiries, contact Tim Lyon on 0400 355 706.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 8/222 Grafton St, Cairns North, QLD 4870
- 06 Sep 2023Sold for $189,000
- 02 Aug 2023Listed for Sale Not Disclosed
- 28 Aug 2018Listed for Sale $165,000
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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 3,944 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.
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