3/26-30 Sheridan StreetCairns City QLD 4870
Property Details for 3/26-30 Sheridan St, Cairns City
3/26-30 Sheridan St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 74m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (March 2025)
Discover this beautifully updated, fully furnished 1-bedroom apartment, ideally located on level 1 with a private balcony in the sought-after Il Centro Boutique complex, right in the heart of the inner city. Spanning 74m, this apartment offers a perfect blend of convenience and comfort, making it an ideal choice for corporate professionals or savvy investors looking to enhance their portfolio.
The spacious bathroom features a large mirror and a bathtub, combining both style and practicality. With ample storage throughout, including built-in wardrobes in the bedroom, the apartment offers easy living without sacrificing space. The apartment stays cool and breezy, ensuring comfort year-round.
For owner-occupiers, imagine waking up in a space that reflects your success. With Cairns Central, Rustys Markets, cafes, restaurants, and lifestyle amenities just steps away, this is the ultimate work-life balance.
For investors, Il Centro offers more than just visual appeal. With its prime location and strong rental potential, this apartment presents an excellent opportunity to secure solid returns in the thriving inner-city property market.
FEATURES INCLUDE:
Open-plan kitchen with fridge, microwave, and stove for easy cooking and entertaining
Spacious bedroom with dual access to the tiled bathroom and living area, enhancing flow and convenience
Generously sized bathroom with laundry facilities, including a washer/dryer for added practicality
Air-conditioned throughout with a brand-new air conditioner and new panel flooring, creating a fresh, modern atmosphere.
Mediterranean-style pool, sun deck, BBQ area, and gazebo for relaxation and social gatherings
On-site professional management and lift access for convenience and ease
Secure undercover parking, ensuring peace of mind for residents
Shopping, restaurants, and transport right on your doorstep, offering ultimate convenience in the heart of the city
Rates: $3,000 approx pa
Rental Appraisal: $500 per week
BC Fees: $13,478 approx pa
Please note that the body corporate fees for this property are currently higher than usual. However, these fees have already started to decrease substantially, and proof of quarterly BC invoices can be provided. Furthermore, the fees are projected to decrease even further in the near future as certain ongoing maintenance and projects within the complex are completed. This presents a great opportunity to get into a property at a slightly higher cost now, with the benefit of reduced fees down the line, ultimately increasing the value and affordability of the property over time.
This property presents an exceptional investment opportunity, thanks to its prime location and a variety of management options. Whether you're considering short-term or long-term leases, or looking for a property to owner-occupy, the potential is endless. With on-site management available, this apartment is perfect for investors or those wanting to live in the heart of the city. In todays market, there are many opportunities, making now the perfect time to make a move.
Whether you're seeking a personal urban retreat or a smart investment, this 1-bedroom apartment is the perfect choice.
Contact Naomi today to arrange a private tour!
Property History for 3/26-30 Sheridan St, Cairns City, QLD 4870
- 30 Jan 2025Sold for $282,500
- 11 Jan 2025Listed for Sale Offers in the low $300s
- 31 Jan 2023Sold for $217,000
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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 3,424 properties. Over the last 5 years, Houses in Cairns City have seen a 65.47% increase in median value, while Units have seen a 53.26% increase. As at 31 August 2026:
- The median value for Houses in Cairns City is $741,867 while the median value for Units is $606,251.
- Houses have a median rent of $488 while Units have a median rent of $600.
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