Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10

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

26/186-198 Lake Street, Cairns North QLD 4870

Offers Over $399,000

Apartment 2 Beds 1 Bath 1 Car 84 m²
Listed: yesterday
Property buying support

What are you buying for?

What are you buying for?

Choose the option that best describes your search.

Overview

This light-filled second-floor apartment offers a unique blend of convenience, natural beauty, and versatility, making it an attractive choice for a variety of buyers. Situated just metres from the Cairns Hospital and the Esplanade, it benefits from a prime inner-city location that prioritizes ease of access to essential services and vibrant outdoor amenities.

The apartment’s easterly aspect is particularly appealing, providing residents with serene glimpses of the ocean, surrounding mountains, and the lush tropical greenery of the Esplanade. These natural elements are complemented by cooling south-easterly sea breezes and excellent cross-ventilation, which help create a relaxed, airy, and comfortable tropical atmosphere inside the home.

Low maintenance is a key feature of this property, with solid concrete block construction paired with tiled and vinyl flooring, ensuring durability and ease of upkeep. The private balcony enhances the living space by offering a peaceful spot to enjoy the outlook and fresh air.

Within the secure complex, residents have access to a swimming pool and undercover car parking, adding to the practicality and lifestyle appeal. The complex’s Tourist Accommodation zoning adds an investment dimension, allowing for short-term letting potential through platforms like Airbnb, subject to approval—which might interest investors seeking flexible income options.

While the apartment is currently under a periodic tenancy, vacant possession will be available in approximately two months, offering flexibility for owner-occupiers or investors.

This property is ideally suited for first-home buyers, downsizers, professionals, or investors looking for an accessible city base with both lifestyle and potential investment benefits. Its close proximity to waterfront walking paths, cafés, restaurants, and the Cairns CBD further enhances its desirability.

  • Second-floor position with stair access only (no lift)
  • Desirable easterly aspect with ocean, mountain and tropical greenery glimpses
  • Low-maintenance construction and flooring
  • Private balcony to enjoy the tropical outlook
  • Swimming pool within the secure complex
  • Undercover car parking
  • Tourist Accommodation zoning with short-stay letting potential
  • Close to Cairns Hospital, Esplanade, and Cairns CBD

This apartment offers a balanced combination of location, lifestyle, and functional features that can accommodate a wide range of needs while providing a comfortable tropical living environment.

Local Market Insights

In Cairns North, Quiet Listings observed 26 new apartments entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $493,615. The property type mix of listed properties is predominantly Houses at 49%, followed by units (23%), and apartments (16%). The most active agency for apartments in the Cairns North area is currently Twomey Schriber Property Group, representing 23% of new listings, followed by Ray White with 19%. 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
Market Insights for Cairns North QLD 4870
New Listings (last 30 days)
26
Average price
$493,615
Lowest price
$280,000
Highest price
$820,000
Other properties in this postcode