19/73 Spence Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

19/73 Spence Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Land area: 130m2
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Property Details for 19/73 Spence St, Cairns City

19/73 Spence St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 130m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1996
Floor Size
93m2
Land Size
130m2
Local Government
Cairns Regional
Lot/Plan
19/BUP104001

Last Listing description (September 2024)

Located on the sixth (6th) level of this attractive Cairns CBD residential tower, "Panama on Spence" is only a short stroll from the Cairns Esplanade with its' vibrant Cafes and Restaurants, the Lagoon Pool, tropical Parklands and the beautiful Trinity Inlet. This handsome two (2) bedroom, two (2) bathroom apartment offers a variety of investment options for the new owner. This icon property boasts a super on-site Manager who is ever helpful to the owners and ensures the pool,BBQ,gardens and building environs are maintained at the highest standard!

Enjoy the comfort and security of gated entries for persons and vehicles, (designated car and storage space) plus coded access to the entry foyer. The foyer lift quietly whisks to the private haven that this apartment is!

Stepping within the apartment's hall and past the granite bench topped kitchen, the light, bright dining and lounge areas open before you. From these areas and from the covered outdoor patio you can take in the view towards Trinity Inlet, the distant Yarrabah Hills and closer surrounding CBD buildings and north towards Cairns' Beaches.

Efficiently designed and providing a good amount of food preparation and storage space, the refreshed Kitchen is centrally located within the apartment,placing the "chef" within easy earshot and visual sight of family or guests.

The main bedroom is complimented by a deep spa bath, walk-in shower to the main bathroom and internal laundry complimented with modern appliances.

THE POSITION.
Not only close to all that Cairns CBD and vibrant Esplanade offers, the apartment is within an approximate 400 metre stroll to the site of the new Central Queensland University Campus.

TENANCY.
The apartment is currently subject to a corporate tenancy of $780.00 per week and there is interest in extending the tenancy term! Owner occupancy may also be available.

YOUR INVESTMENT.
The seller is seeking an immediate sale!

To arrange your inspection please contact:
Paul Stirling
0418 774 353
paul.stirling@raywhite.com

Mardi Rae
0420 407 325
mardi.rae@raywhite.com

**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein. **

Property History for 19/73 Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$500,000
12 Aug 2024
Listed for Rent
$565/w
30 Aug 2021
  • 12 Aug 2024
    Sold for $500,000
  • 05 Jun 2024
    Listed for Sale High $400,000's to Early $500,000's
  • 20 Aug 2021
    Listed for Rent - Price not available
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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 3,420 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 47 properties listed for sale, and 27 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 152 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.