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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

506/6 Lake Street, Cairns City QLD 4870

Offers Over $518,000

Listed: 25th Jun 2026
Updated: 27th Jun 2026
Overview

Discover the advantages of dual-key living with this versatile apartment that delivers exceptional flexibility, privacy, and strong rental appeal. The property includes a one-bedroom apartment and a separate self-contained studio, offering multiple occupancy options and investment potential.

The main apartment features a comfortable bedroom, a modern bathroom, an internal laundry, an open-plan living area, and a private balcony that provides a pleasant outdoor space for relaxation. The complimentary fully self-contained studio boasts its own kitchenette, bathroom, and private patio, making it ideal for independent accommodation or holiday letting.

This dual-key apartment presents an excellent opportunity for those seeking a high-performing investment, a home with supplementary income possibilities, or a residence suitable for multigenerational holiday letting arrangements. The property is situated in the City Quays Complex and is currently managed through a reputable hotel management service, enhancing its appeal to investors and holidaymakers alike.

Key property attributes include separate entrances for the dual-key design, modern bathroom facilities in both living sections, and flexible rental and accommodation options that can adapt to various lifestyle or investment needs. This apartment is a valuable addition to any investment portfolio, offering convenience and versatility with promising returns.

The location within the City Quays Complex further adds to the desirability, providing proximity to key amenities and enhancing rental demand. This dual-key apartment is a practical and attractive solution for property buyers focusing on lifestyle, investment, or holiday accommodation benefits.

This is a rare opportunity to own a property that combines residential comfort with strong income potential through its innovative design and location advantages.

Local Market Insights

In Cairns City, Quiet Listings observed 19 new apartments entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $592,316. The property type mix of listed properties is predominantly Houses at 45%, followed by units (24%), and apartments (19%). The most active agency for apartments in the Cairns City area is currently Ray White, representing 37% of new listings, followed by Kayla Pennefather - Cairns Real Estate Agent with 26%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
506/6 Lake Street
Cairns City QLD 4870
Market Insights for Cairns City QLD 4870
New Listings (last 30 days)
19
Average price
$592,316
Lowest price
$279,000
Highest price
$1,800,000
Other properties in this postcode