7 Sheridan StreetCairns City QLD 4870
Property Details for 7 Sheridan St, Cairns City
Last Listing description (August 2019)
Investors and super fund managers, add this to your property portfolio, or start a new one!
* Ideally positioned within walking distance of Cairns C.B.D , Cairns Base Hospital, The Esplanade & is opposite Cairns State High School.
* Direct access to public transport and all required local amenities are nearby.
* Consisting of 4 x 1 bedroom units and 1 x 2 bedroom unit, with office. There are three up and two down.
* All units have good sized living areas, high ceilings and air-conditioning.
* Undercover car accommodation & swimming pool. Plenty of off street Parking.
* Fully tenanted, with happy, cooperative tenants.
* All units individually metered.
* To express your interest, call or email Aimee Ingram – a.ingram@ljheh.com.au // 0457 750 513
* With respect to our tenants, inspections are limited.
INCOME: $52,520.00 p.a. [$1005.00 PER WEEK]
OUTGOINGS: Approx $20,802.00 per annum – includes council rates, body corp & water usage.
NET RETURN: $31,718.00
Property History for 7 Sheridan St, Cairns City, QLD 4870
- 12 Mar 2019Listed for Sale Under Contract
- 05 Feb 2016Listed for Rent - Price not available
- 07 May 2003Sold for $485,000
Recent sales nearby
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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 3,416 properties. Over the last 5 years, Houses in Cairns City have seen a 66.79% increase in median value, while Units have seen a 74.63% increase. As at 30 June 2026:
- The median value for Houses in Cairns City is $750,251 while the median value for Units is $638,168.
- Units have a median rent of $598.
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