Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Perfectly positioned between Cairns Base Hospital and Cairns Private Hospital, and merely one block back from the Esplanade, this property offers an exceptional opportunity for business professionals and holiday stayers alike. This dual living apartment presents a versatile investment option, allowing for holiday letting through 201 Lake managed by a third party, private renting, or full-time residence—offering unmatched flexibility.
The meticulously refurbished apartment spans 125 square meters and is located on the third level, boasting top-tier quality and sumptuous furnishings throughout. The innovative dual key layout enhances functionality, offering privacy and adaptability for occupants or tenants. Every aspect of this residence has been flawlessly renovated with a careful eye for timeless sophistication, combining sleek interior lines with opulent finishes that grace every surface.
Nestled within an exclusive urban district adjacent to the iconic Esplanade and the esteemed hospitals, this residence brings together modern elegance and unparalleled convenience. Residents benefit not only from the location but also from access to luxurious amenities designed to enhance lifestyle and leisure.
- The apartment features two private balconies equipped with shutters for privacy, accessible from different areas within the home.
- A fully functioning kitchen ideal for entertaining guests, blending practicality with style.
- Air conditioning throughout ensures a comfortable living environment in all seasons.
- Ensuite-style bathrooms: the main bathroom is fitted with both shower and bathtub, while the second bathroom includes a large shower area.
- A walk-in robe with mirrored doors provides ample storage and a touch of sophistication.
- Internal laundry facilities are included, complete with a washer and dryer for convenience.
- The spacious second bedroom offers scenic views of the water, enhancing the living experience.
- Parking is allocated and secure, complemented by elevator access for ease of movement.
- Residents have access to a 20-meter swimming pool and a barbecue area, perfect for relaxation and social gatherings.
- The property falls within the catchment areas for reputable schools including Mother of Good Counsel, Cairns State High School, Parramatta Park Primary School, and St Monicas Girls College, making it an excellent choice for families.
Rental appraisals indicate strong returns, with a weekly rate of $720 for the dual key whole, $550 for a one-bedroom apartment, and $370 for the studio apartment. Annual rates are quoted at $2,900, supporting the investment appeal of this property.
Local Market Insights
In Cairns North, Quiet Listings observed 23 new apartments entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $598,870. The property type mix of listed properties is predominantly Houses at 46%, followed by units (20%), and apartments (19%). The most active agency for apartments in the Cairns North area is currently Ray White, representing 30% of new listings, followed by Kayla Pennefather - Cairns Real Estate Agent with 22%. 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
Cairns North QLD 4870
Market Insights for Cairns North QLD 4870
Other properties in this postcode
