36/26-30 Sheridan St, Cairns City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom Apartment sold in Cairns City in the last 12 months.
Positioned on the top floor of the tightly held Il Centro Boutique Complex, Apartment 36 presents a solid, low-maintenance investment opportunity in one of Cairns’ most convenient inner-city locations.
Offered in original condition, this one-bedroom apartment enjoys a pool and city outlook, capturing natural light and cooling breezes year-round. With the ability to be lived in permanently, leased long-term, or utilised as a short-term holiday let, the options here are truly endless. Currently returning $470 per week, with a tenant securely in place until August 2026, this is a genuine set-and-forget investment in a prime inner-city position.
The functional open-plan layout flows seamlessly to a private balcony, while the generous bedroom features built-in storage and direct access to a well-appointed two-way bathroom. Cleverly designed for convenience, the spacious bathroom incorporates an internal laundry, making the apartment highly practical for long-term tenancy or short-term holiday letting.
Spanning 68m², the apartment is fully furnished and presented in clean, tidy condition, allowing you to continue leasing immediately with no work required. Alternatively, it offers massive renovation potential for buyers looking to add value over time and capitalise on strong inner-city demand.
You simply can’t beat this location. With secure undercover city parking and everything at your doorstep — Cairns Central, Rusty’s Markets, cafes, restaurants and transport . Il Centro continues to attract strong tenant demand and consistent performance.
Adding further confidence for buyers, the complex has seen numerous upgrades and ongoing improvements, enhancing both liveability and long-term value.
PROPERTY HIGHLIGHTS:
• Top-floor position with pool and city aspect
• Original condition – ideal for investors or future value-add potential
• Tenant in place until August 2026
• Rental return: $470 per week
• Open-plan kitchen and living area
• Private balcony capturing light and breezes
• Spacious bedroom with built-in wardrobes
• Large bathroom with shower, bathtub and internal laundry
• Mediterranean-style pool, sun deck, BBQ area and gazebo
• Lift access and on-site professional management
• Secure undercover parking
• Prime inner-city location with everything at your doorstep
Body Corporate Fees: Approx. $12,500 pa
Council Rates: Approx: $3,300 pa
Whether you’re expanding your portfolio, securing a long-term inner-city hold, or planning for future owner-occupation down the track, Apartment 36 represents a smart buy in a proven location.
Contact Naomi today to arrange your private inspection or to discuss the investment potential further.
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:
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