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Overview
Located within easy walking distance from the Cairns Central Business District and just two streets back from the popular Esplanade precinct, this spacious first-floor apartment offers an ideal low-maintenance lifestyle. Perfect for owner-occupiers or savvy investors, the property is set in the intimate complex of 'Grafton Grove', which comprises only eight apartments and provides a secure, lock-up-and-go environment.
Positioned well away from the street and at the end of the block, the apartment benefits from abundant natural light and refreshing breezes all year round. The unit boasts its own private entrance enhancing privacy and a generous floor area of 83 square meters, exceptionally large for a one-bedroom apartment.
The open-plan living and dining area seamlessly extends onto a large balcony, perfect for relaxing or entertaining. The kitchen is neat and practical, complementing the overall functionality of the home. The bedroom includes a built-in wardrobe, air conditioning for comfort, and direct access to the balcony.
The apartment features tiled flooring throughout and security screens for added safety. There is also an internal laundry, adding to the convenience. Residents enjoy onsite car accommodation and access to a resort-style inground swimming pool, perfect for warm Cairns days. The complex has recently undergone major improvements including a full external repaint and resurfacing of the swimming pool, enhancing its appeal.
The property is currently vacant, presenting a ready opportunity for immediate occupation or rental. Rental appraisals estimate a weekly return of approximately $480 to $500, making it an attractive investment option.
Body corporate fees are approximately $5,800 per annum, and council rates are about $3,200 per annum. The location offers proximity to major amenities including public and private hospitals, the Esplanade precinct, Cairns Central Shopping Centre, as well as the international and domestic airport.
This apartment provides an affordable inner-city lifestyle within a secure and well-maintained complex, delivering comfortable living close to everything Cairns has to offer.
- In-Ground Pool
- Air Conditioning
- Balcony
- Built-In-Robes
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.
Change History
| Headline | When |
|---|---|
| Please Call | |
| Under Contract | |
| Offers Over $349,000 |
Location
Cairns North QLD 4870
Market Insights for Cairns North QLD 4870
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