39/26-30 Sheridan StreetCairns City QLD 4870
Property Details for 39/26-30 Sheridan St, Cairns City
39/26-30 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 68m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (August 2022)
You are welcome to inspect unit 39 at 26-30 Sheridan Street.Located in the stylish Mediterranean looking complex'Il Centro' Apartment Hotel. This top floor 1 bedroom unit is close to many local iconic attractions.This little gem is just a short walk away from Cairns Convention Centre, The Reef Casino, Cruise Ship Terminal, Esplanade and Lagoon. Conveniently located across the road from Cairns Courthouse and Government Buildings, no wonder this apartment is ideal for holiday and corporate guests.Superb on-site Management and security ensures a safe and relaxing stay for all guests as they enjoy the complex resort style pool, entertainment area and guest lounge.Features include:* Top floor unit* Solid investment with great rental return* Open plan apartment* Large bedroom* Dual access to the bathroom and living area* Large bathroom/internal laundry with washing machine and dryer* Kitchen includes fridge, microwave, stove and more* Fully tiled* Fully furnished* Air conditioning* Balcony overlooking Mediterranean style pool* Sun deck, gazebo and BBQ area in the complex* Professional management on-site and lift access* Fully accredited tour desk* Wi-Fi access in the common areas* One undercover, secure car spaceUnique inner city living or great investment do not miss out this rare opportunity!For investors:Price: Offers over $195,000Rental Appraised: $420 - $450 per weekHoliday let appraisal: $180 - $240 per nightRates: $2,590 approximately per yearBody Corporate approximately : $6,651.47 per yearPotential rental Yield: Approximately 6% - 7%(Estimate only)Potential holiday let Yield: Approximately 12% -18% (Estimate only)Potential rental income: $21,840 (Estimate only)Potential holiday income: $50,000(Estimate only)Unit is currently tenanted - 24 hours notice is needed to inspect the property.Contact us now to organise a private inspection.* Rental Yield and Rental Income are gross, approximate and based on the current market**Photos have been taken before the tenant moved in***Video have been taken before the tenant moved in
Property History for 39/26-30 Sheridan St, Cairns City, QLD 4870
- 21 Jun 2022Sold for $220,000
- 06 May 2022Listed for Sale Offer over $219,000
- 22 Oct 2021Listed for Rent $410 / week
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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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