OFF MARKET

8/248 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 40m2
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Property Details for 8/248 Sheridan St, Cairns North

8/248 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 40m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1974
Floor Size
44m2
Land Size
40m2
Local Government
Cairns Regional
Lot/Plan
8/BUP70023

Last Listing description (January 2023)

Just a short walk to the famed Cairns Esplanade and all that the inner city has to offer, this solid one bedroom unit is a rock solid investment opportunity for a savvy buyer. The current lease expires in July 2023 and you could move in after that if you choose to live here.

Features:
First floor unit with in an attractive small complex of 18 apartments

One bedroom with built in wardrobe
Small but functional kitchen
Good sized bathroom with shower and separate loo
Current rent is $220 per week.
Body Corp 4083.33 per annum
Unit size is 40m2
Off-street parking bay
Fully fenced complex with electric gate

This property represents great value buying in one of the hottest property markets in the country.
Call today for more information or to book an inspection.

Property History for 8/248 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$115,000
28 Nov 2022
  • 28 Nov 2022
    Sold for $115,000
  • 23 Nov 2022
    Listed for Sale $120,000
  • 30 Apr 2020
    Listed for Rent $200 / week
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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.