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301/71-75 Lake Street, Cairns City QLD 4870

Offers Over $300,000

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$300k - $315k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car 50 m² 50 m²

Listed: 2 days ago

Updated: 10 hours ago

Overview

Located in the pulsating heart of Cairns City’s central mall, this well-presented one-bedroom apartment offers an enviable blend of convenience, lifestyle appeal and proven investment returns. Its central position, just moments from iconic waterfront precincts such as the Cairns Esplanade and Lagoon, places residents within easy reach of serene parklands, vibrant dining venues and retail hubs, all of which contribute to a richly engaging urban lifestyle.

The apartment's interior expertly balances practical living with a refined, low-maintenance aesthetic. A recently refurbished bathroom and laundry deliver fresh, modern comforts, while the spacious kitchen impresses with a generous marble benchtop and ample storage — hallmarks of thoughtful design enhancing daily living ease.

The tranquil bedroom space is designed for restful downtime, featuring built-in storage, a desk area ideal for home-based work or study, and wall-mounted television setup that maximizes usable space without clutter.

Prime central mall location providing unmatched convenience opposite Woolworths.
Short walks to leisure landmarks including Marina, restaurants, casino and shopping precincts.
Quiet rear aspect with pleasant views over cityscape, surrounding mountains, and the resort pool area.
Access to resort-style amenities including a swimming pool and undercover barbeque area.
Secure dedicated parking adds to practicality for residents and guests alike.
Comes equipped with furnishings and white goods, supporting immediate occupancy or rental readiness.
Onsite management and holiday letting arrangements underline strong income potential, with anticipated net holiday income of approximately $30,000 for 2025/26.

For investors, this apartment represents a turnkey opportunity with established holiday-letting credentials, supported by professional management and a central location that draws both short-term visitors and long-term tenants. Simultaneously, owners seeking a personal tropical city retreat will appreciate the easy-care layout and proximity to Cairns’ vibrant lifestyle offerings, making it an attractive blend of investment and urban living.

At just 50 square meters plus a secure carpark, the property’s size is perfectly proportioned for convenient city-living without excess maintenance demands, ideal for downsizers or professionals appreciating the balance of location and lifestyle.

Local Market Insights

In Cairns City, Quiet Listings observed 28 new apartments entering the market over the last 30 days, up from 20 during the previous 30-day period, with an average advertised asking price of $514,286. The property type mix of listed properties is predominantly Houses at 47%, followed by units (26%), and apartments (17%). The most active agency for apartments in the Cairns City area is currently Belle Property, representing 14% of new listings, followed by Kayla Pennefather - Cairns Real Estate Agent with 14%. 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.