17/71-75 Lake Street, Cairns City, QLD 4870 sold on 21 May 2025 | OnTheHouse
SOLD
Sold on 21 May 2025 - Price Unavailable

17/71-75 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Property Details for 17/71-75 Lake St, Cairns City

17/71-75 Lake St, Cairns City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Apartment sold in Cairns City in the last 12 months.

Building Type
Apartment
Floor Size
53m2

Last Listing description (May 2025)

Welcome to the INN Cairns, a comfortable one-bedroom holiday let apartment perfectly situated in the heart of Cairns City. This charming apartment is ideal for investors looking to grow their portfolio, offering great returns in a prime location. Whether you’re an investor or looking for a getaway, this cozy retreat provides a convenient base to explore all Cairns offers.

Key Amenities:

• Second Floor Apartment: Overlooking the Pool.

• 1 Bedroom: Featuring a queen-sized bed and a TV for convenience.
• 1 Bathroom: A spacious bathroom with a bathtub.
• Private Balcony: Ideal for unwinding and taking in the views.
• Kitchen: Fully equipped with an electric cooktop, oven, microwave, fridge/freezer.
• Car Parking Space: A secure, designated parking space for your convenience.
• Fully Furnished: The apartment comes fully furnished with everything you need for a comfortable stay.
• Air Conditioning: Stay cool in Cairns’ tropical climate with air conditioning throughout.
• High-Speed Wi-Fi: Stay connected with fast internet access, perfect for remote work or browsing.
• Prime Location: Situated right in the heart of Cairns, just steps from restaurants, shops, and popular attractions.

Investment Potential:

• Body Corporate Fees: $12,000.00 p/y
• Rates: ~$3,100 per year
• Yearly Income: $28,140.29 p/y
• Managed by onsite Managers: The INN Cairns
Returns:8.2%
HOLIDAY LET ONLY

About the Area:
Located in the vibrant heart of Cairns, this holiday rental offers easy access to the city’s top attractions. A short walk will take you to the stunning Esplanade, where you can enjoy waterfront views, our famous Night markets, Rusty markets, and a variety of cafes and restaurants. The Great Barrier Reef is just a short boat ride away, and Cairns Central Shopping Centre is only minutes from your door, providing everything you need for a comfortable stay.

This apartment offers the perfect blend of comfort and location, and investment potential. If you’re looking for a reliable income generating property, this one-bedroom apartment ticks all the boxes.

Property History for 17/71-75 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
21 May 2025
  • 26 Apr 2025
    Sold for $219,000
  • 10 Mar 2025
    Listed for Sale $224,000
  • 05 Nov 1996
    Sold for $185,000
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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of 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 3,407 properties. Over the last 5 years, Houses in Cairns City have seen a 37.37% increase in median value, while Units have seen a 78.47% increase. As at 30 November 2025:

  • The median value for Houses in Cairns City is $576,792 while the median value for Units is $587,408.
  • Houses have a median rent of $610 while Units have a median rent of $598.
There are currently 40 properties listed for sale, and 24 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 160 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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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.