SOLD
RECENT ADVICE
Sold on 28 May 2024 for $620,000

26 Lake Placid Road
Caravonica QLD 4878

Bedrooms: 6
Bathrooms: 2
Car spaces: 1
Floor area: 245m2
Land area: 1031m2
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Property Details for 26 Lake Placid Rd, Caravonica

26 Lake Placid Rd, Caravonica is a 6 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1031m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Caravonica in the last 12 months.

Building Type
House
Floor Size
245m2
Land Size
1031m2
Local Government
Cairns Regional
Lot/Plan
34/RP736711

Last Listing description (May 2024)

Opportunities like this are so rare.

A large home or duplex style property with huge potential, AirBNB options to offset your income while residing in one or have as pure investment property. Also, suitable for the large family with multigenerational living and with a location like no other you'd be crazy not to make this property yours.

The property boasts six bedrooms, two bathrooms, open plan living and kitchen, laundry and is tiled and airconditioned throughout.

The front property is 3 bedrooms and is currently leased at $300 per week on a month-to-month basis, however the currental appraisal is $550.00 - $580.00 per week. The rear property is also 3 bedrooms and is currently vacant with an expected rental income between $550.00 - $580.00 per week. Both properties are separately metered for convenience.

Position yourself within a stone's throw to the Barron River, walking trails and only a few minutes' drive to the Cairns International and Domestic Airports, Cairns Esplanade, CBD and Hospital and centrally located to both the northern beaches and southern side of Cairns.

Be a part of the lifestyle that everyone is talking about and invest or position yourself in a highly sought after suburb!

With these two homes, both in excellent condition and offering self-contained living spaces, your investment potential here is boundless. The dual residences allow you to diversify your income streams while enjoying the perks of a highly desirable location, just a short distance to all that matters including shopping centres, schools and so much more.

Don't miss your chance to seize this investment dream, where not one but two homes promise a bright and profitable future. To arrange a viewing or discuss this outstanding opportunity further, contact Giles on 0438 572 936

Property History for 26 Lake Placid Rd, Caravonica, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$620,000
28 May 2024
Listed for Rent
$500/w
04 Nov 2024
  • 22 Oct 2024
    Listed for Rent $500 / week
  • 14 May 2024
    Sold for $620,000
  • 01 May 2024
    Listed for Sale SOLD BY GILES
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About Caravonica 4878

The size of Caravonica is approximately 4.6 square kilometres. It has 11 parks covering nearly 4.6% of total area. The population of Caravonica in 2011 was 1,933 people. By 2016 the population was 1,990 showing a population growth of 2.9% in the area during that time. The predominant age group in Caravonica is 50-59 years. Households in Caravonica are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caravonica work in a professional occupation. In 2011, 74.8% of the homes in Caravonica were owner-occupied compared with 77.3% in 2016.

Caravonica has 939 properties. Over the last 5 years, Houses in Caravonica have seen a 62.87% increase in median value, while Units have seen a 67.11% increase. As at 31 October 2024:

  • The median value for Houses in Caravonica is $664,049 while the median value for Units is $462,879.
  • Houses have a median rent of $650.
There are currently 27 properties listed for sale, and no properties listed for rent in Caravonica on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Caravonica.

Suburb Insights for Caravonica 4878

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Contact agent
Giles Lort-Phillips
Show contact details
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.