41/71-75 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1996. The property has a land size of 49m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.
Welcome to a strong yielding investment opportunity that is few and far between, in the vibrant heart of CBD. Neat as a pin, recently refurbished and prime positioned. This affordable money spinner is primed to start bring you string returns from the day one.
A stellar location and a history of strong, holiday let performance, coupled with proactive onsite management, apartment 41 is as close to a perfect "set and forget" investment, that you'll ever find.
Features we love:
The Figures
- Council rates: approx $3,300 per year
- Body corp levies: $10,947 per year
- Current sinking fund balance: $149,091
- Built in 1996
Sitting in such a convenient location that's an easy stroll from restaurants, cafes, shopping, entertainment and the stunning Cairns Esplanade, relaxation, indulgence and adventure are right at the door front for you and your guests to enjoy alike.
If you're looking for a terrific opportunity to make your money work harder for you or perhaps, a sensational holiday retreat that pays for itself, then this is what you've been waiting for.
For all inquiries or to arrange your inspection, call Tim Lyon on 0400 355 706
or Ryan Steinborner on 0474 640 592.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
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 3,425 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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