37/62-66 Abbott StreetCairns City QLD 4870
Property Details for 37/62-66 Abbott St, Cairns City
37/62-66 Abbott 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 70m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (October 2024)
Experience the vibrancy of city living with this standout top-floor apartment in the highly sought-after Il Palazzo, right in the heart of Cairns.
Perfectly positioned, this spacious 70m 1-bedroom, 1-bathroom apartment blends modern urban style with practical features, including a dedicated car park, and offers flexible living options. Whether you choose to live in permanently, lease it for long-term tenancy, or utilize it as a holiday let, this property is a prime investment opportunity.
PROPERTY HIGHLIGHTS:
Prime Location: Situated in the coveted Il Palazzo, offering unparalleled access to the citys amenities, dining, and entertainment.
Spectacular Views: Enjoy breathtaking views of the Esplanade and the Ferris wheel right from your living space.
Urban Refurbishment: Recently refurbished with a contemporary urban feel, featuring fresh paint and new timber grain panel flooring.
Top-Floor Advantage: Benefit from the tranquility and exclusivity of being on the top floor, with added privacy and reduced noise.
Dedicated Car Space: A standout feature secure, inner-city parking which is a rare find and a significant bonus in this location.
Modern Interiors: Open-plan living area that is bright and spacious, complemented by a well-appointed kitchen, stylish bathroom, and internal laundry.
Fully Furnished: Move in or rent out with ease, as the apartment comes fully furnished, adding convenience and immediate appeal.
Private Balcony: Relax and unwind on your own private balcony, perfect for enjoying the Esplanade breeze and city lights.
Airy Atmosphere: Windows throughout provide excellent ventilation and allow you to enjoy the refreshing Esplanade breeze and stunning city views.
High Demand: Ideal for long-term rental, holiday letting, or permanent owner-occupier living, tapping into the strong demand for premium city-centre accommodations.
Rates: $2,900 approx pa
Body Corp Fees: $8,651 approx pa
Rental Appraisal: $600 per week
INVESTING IN CAIRNS CITY:
Cairns is currently experiencing a thriving property market, driven by a robust local economy and increasing tourism. The citys strategic location, vibrant lifestyle, and ongoing infrastructure projects are attracting both domestic and international investors. With a growing demand for both rental and owner-occupier properties, now is an opportune time to invest in Cairns city.
Properties in prime locations like this one offer strong potential for capital growth and rental yield. As Cairns continues to develop and attract more residents and visitors, securing a property in the heart of the city ensures you are well-positioned to benefit from the areas upward trajectory.
Properties like this are in high demand and dont stay on the market for long. Whether youre seeking a lucrative investment, a chic city retreat, or a permanent residence, this apartment has it all.
Contact me today to arrange your private viewing and secure this exceptional opportunity!
Property History for 37/62-66 Abbott St, Cairns City, QLD 4870
- 09 Sep 2024Sold for $383,000
- 03 Sep 2024Listed for Sale Offers in High $300s
- 03 Jul 2023Sold for $220,000
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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 3,418 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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