2/157-159 Grafton StreetCairns City QLD 4870
Property Details for 2/157-159 Grafton St, Cairns City
2/157-159 Grafton St, Cairns City is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 127m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Townhouse sold in Cairns City in the last 12 months.
Last Listing description (December 2025)
**Sold by Karl Latham direct to a buyer on our extensive database prior to launching online. **
A Prime Property in Cairns' Cultural Heart!
Step into a vibrant city lifestyle with this spacious two-level 2-bedroom, 2-bathroom townhouse, perfectly positioned within a modern resort complex - just metres from the Cairns Performing Arts Centre, Munro Martin Parklands, and Esplanade precinct.
This rare property offers complete flexibility - live in, lease out long-term, or Airbnb for high returns (approx. $70,000pa).
Fully furnished and council-approved for both permanent and short-term use, it's the ultimate set-and-forget investment or lock-and-leave city retreat.
Location Highlights:
-Enjoy the very best of Cairns right on your doorstep
-Cairns Performing Arts Centre & Munro Martin Parklands
-Cairns Aquarium & Lagoon swimming precinct
-Esplanade dining, fitness and recreation zone
-Hospitals, schools & major city amenities
Resort Facilities:
-Tropical landscaped gardens
-Sparkling resort-style pool & spa
-Outdoor BBQ entertaining area
Property Features:
-Two generous bedrooms with mirrored robes
-Two bathrooms (master with ensuite) + 3rd toilet downstairs
-Two balconies (off master and living)
-Spacious open-plan living & dining
-Large kitchen with granite benchtops, dishwasher & ample storage
-East-facing position to capture cooling sea breezes
-Split-system air conditioning throughout
-Internal laundry, Wi-Fi & NBN ready
-Front building location for easy access
Ideal For:
-Lifestyle buyers seeking a convenient central home
-Savvy investors chasing strong rental or Airbnb returns
-FIFO or corporate users needing a low-maintenance base
Outgoings & Details:
-Body Corporate: $7,208 p.a.
-Council Rates: $3,266 p.a.
-Year Built: 2002/03
-Lot Size: 127sqm
-Complex: 24 lots
Property History for 2/157-159 Grafton St, Cairns City, QLD 4870
- 19 Dec 2025Sold for $565,000
- 01 Dec 2025Listed for Sale SOLD BY KARL LATHAM
- 31 Jan 2020Sold for $232,000
Recent sales nearby
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0About 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 3,423 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.
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