41/71-75 Lake Street, Cairns City, QLD 4870 sold on 08 September 2026 | OnTheHouse
SOLD
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Sold on 08 Sep 2026 for $315,000

41/71-75 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 49m2
Land area: 49m2
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Property Details for 41/71-75 Lake St, Cairns City

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.

Building Type
Unit
Year Built
1996
Floor Size
49m2
Land Size
49m2
Local Government
Cairns Regional
Lot/Plan
41/BUP104375

Last Listing description (October 2026)

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:

- $570 average weekly income, after management fees
- Impeccable location, in the heart of the CBD
- Recent internal refurbishment
- Spacious, modern kitchen with a stone bench tops and plenty of storage
- King sized bedroom with ample storage and wall mounted television
- Ducted air-conditioning to living room and bedroom
- Balcony overlooking the pool and city
- Sold fully furnished in turnkey condition
- Walking distance to the esplanade, lagoon, marina, dining and cafs
- Rooftop terrace, garden and pool
- Dedicated Onsite management and booking agent

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.

Property History for 41/71-75 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$315,000
08 Sep 2026
  • 08 Sep 2026
    Sold for $315,000
  • 26 Aug 2026
    Listed for Sale SOLD BY TIM LYON
  • 09 Aug 1999
    Sold for $175,000
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About 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 3,425 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:

  • 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.
There are currently 52 properties listed for sale, and 29 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Twomey Schriber Property Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.