23/239 Lake Street
Cairns North, QLD 4870

Situated on the top floor of the well-maintained Reef Gateway Apartments, this loft-style unit offers a remarkable investment opportunity in the highly sought-after Cairns North area. The location is ideal, within walking distance to key amenities such as Cairns Hospital and the Esplanade, providing convenience and lifestyle benefits.

This property is currently tenanted at $550 per week until October 2026, making it a secure investment with immediate rental income. It is perfect for investors looking for a low-maintenance asset with strong returns in a blue-chip location.

Property Features:

• Unique loft-style apartment design
• Two generously sized bedrooms providing comfortable living spaces
• Functional kitchen equipped with ample storage options
• Open plan living and dining area that maximizes space and natural light
• Central bathroom featuring a combined laundry area for convenience
• Air conditioning installed to ensure year-round comfort
• Connected to the National Broadband Network (NBN) for fast internet access
• Undercover car parking space included
• Steady rental income currently achieved at $550 per week until October 2026

Complex Amenities:

• Resort-style swimming pool complemented by a covered entertainment area
• Onsite management providing security and maintenance

Cairns North remains one of the region's most desirable inner-city suburbs, prized for its proximity to the central business district, recreational Esplanade, hospital facilities, and everyday conveniences. This property combines an unbeatable location with solid rental returns and attractive complex features, making it an excellent choice for investors or those seeking a future residence in a thriving community.

Prospective buyers are encouraged to conduct their own enquiries to verify all information and to appreciate the full potential of this exceptional loft apartment.