7/62-66 Abbott Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

7/62-66 Abbott Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 59m2
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Property Details for 7/62-66 Abbott St, Cairns City

7/62-66 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 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
1995
Floor Size
59m2
Land Size
59m2
Local Government
Cairns Regional
Lot/Plan
7/BUP102725

Last Listing description (March 2024)

You are welcome to inspect unit 7 at 7/62 Abbott Street in Cairns City.

Located in the stylish Mediterranean looking complex "Il Palazzo" Apartment Hotel. This first floor one 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:

* Open plan apartment
* Large bedroom
* Large bathroom with shower
* Internal laundry with washing machine and dryer
* Kitchen includes fridge, microwave, cooktop and more
* Furnished & Self Contained
* Air conditioning
* Balcony
* Sun deck, gazebo and BBQ area in the complex
* Professional management on-site and lift access
* Fully accredited tour desk at the reception
* Wi-Fi access in the common areas
* On the street parking (Not allocated parking)

For investors:

Price: Offer over $249,000
Rates: $2,930 approximately per year
Body Corporate approximately: $8.651.70 annually
Rental holiday letting appraisal: $170 - $300 per night (Based on current rates - low season and high season rates might vary)

Unique inner city living or great investment do not miss out this rare opportunity!

Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
*Currently used as holiday letting

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 7/62-66 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$255,000
05 Feb 2024
Listed for Rent
$450/w
07 Nov 2010
  • 05 Feb 2024
    Sold for $255,000
  • 25 Jan 2024
    Listed for Sale Offers over 249,000
  • 27 Feb 2022
    Sold for $175,000
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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of 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 3,407 properties. Over the last 5 years, Houses in Cairns City have seen a 37.37% increase in median value, while Units have seen a 78.47% increase. As at 30 November 2025:

  • The median value for Houses in Cairns City is $576,792 while the median value for Units is $587,408.
  • Houses have a median rent of $610 while Units have a median rent of $598.
There are currently 40 properties listed for sale, and 24 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 160 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Cotality Copyright and Legal Disclaimers about Property Data
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.