10/62-66 Abbott Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

10/62-66 Abbott Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 56m2
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Property Details for 10/62-66 Abbott St, Cairns City

10/62-66 Abbott St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 56m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1995
Floor Size
51m2
Land Size
56m2
Local Government
Cairns Regional
Lot/Plan
10/BUP102725

Last Listing description (May 2023)

After so much interest, the owner has decided to offer yet another luxurious and stylish one-bedroom fully furnished apartment in the heart of Cairns City. This high design apartment provides a rare opportunity for an investor or owner occupier to own or invest in one of the city's most sought-after real estate.

Situated on the first floor of Il Palazzo boutique hotel, this apartment will greet you with an elegant and contemporary living space. The open-plan design seamlessly combines the living, dining, and kitchen areas, flowing effortlessly into the spacious courtyard with direct access to the hotel pool.

The kitchen features top-of-the-line appliances and ample storage, and the spacious bedrooms and dual-access bathroom is fitted with luxurious finishes.

With its prime location, this property is within walking distance to the city's esplanade, shops, and finest restaurants.

Key Features:
-Stylishly renovated, contemporary open floor plan
-Daikin ducted air-conditioning (living areas and bedrooms)
-High-end floor to ceiling tiles in bathroom and shower recess
-Modern Japanese style TOTO toilet (sensors to detect your presence and automatically lifts up the lid)
-Security screen to patio
-LED downlights throughout
-LG TV fixed to wall in bedroom, Samsung TV in living area
-Smartstone engineered quartz stone benchtops
-Miele oven and stove top
-Integrated Fisher & Paykel refrigerator
-Integrated Fisher & Paykel drawer dishwashers
-Sofa bed included
-Miele washer & dryer seamlessly integrated in laundry closet
-Electric blinds to living area
-Timber grain flooring to main living area and bedroom

About Il Palazzo Boutique Hotel
-Sparkling pool + communal BBQ area for guests and residents
-Reception staff on site to greet incoming guests
-High level of security throughout the complex

A note for investors:
Unit 10 is currently managed by Il Palazzo Boutique hotel, and returning $200 to $350 per night per apartment, with as high as 90% occupancy. Statement summaries are available upon request. This property can continue on being holiday let through Il Palazzo, managed by a third party, rented privately or lived in the flexibility is yours!

Rental Appraisal $500-$530 per week
Rates $2,600 approx pa
Body Corp $7,685 approx pa

This is a rare opportunity to own a piece of the city's most coveted real estate. Don't miss out on this chance to invest or live in luxury in the heart of the city.

Contact us today to schedule a private viewing.

Property History for 10/62-66 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$300,000
15 Apr 2023
  • 15 Apr 2023
    Sold for $300,000
  • 11 Apr 2023
    Listed for Sale Offers Over $279,000
  • 30 May 2017
    Sold for $150,000
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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. There are 3 parks, covering nearly 6.3% of the total area. The population of Cairns City in 2016 was 2737 people. By 2021 the population was 3616 showing a population growth of 32.1% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation.In 2021, 47.30% of the homes in Cairns City were owner-occupied compared with 46.40% in 2016.

Cairns City has 3,419 properties. Over the last 5 years, Houses in Cairns City have seen a 60.75% increase in median value, while Units have seen a 56.07% increase. As at 31 July 2026:

  • The median value for Houses in Cairns City is $734,411 while the median value for Units is $606,586.
  • Houses have a median rent of $488 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 28 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.