71 Lake StreetCairns City QLD 4870
Property Details for 71 Lake St, Cairns City
71 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 1065m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.
Last Listing description (July 2026)
Positioned in the heart of the city, this well-appointed 1-bedroom, 1-bathroom apartment presents an outstanding opportunity for savvy investors seeking strong returns and consistent occupancy.
Currently operating as a successful short-term holiday rental, this property delivers an impressive turnover and is perfectly suited for Airbnb or holiday letting. With high demand from both business and leisure travelers, it offers immediate income potential from day one.
The apartment features a modern layout, a private balcony with stunning city views, and access to a resort-style pool, making it highly appealing to guests year-round. Located within a secure complex with underground parking, it provides both comfort and convenience in a premium urban setting.
Key Features:
- 1 spacious bedroom, 1 modern bathroom
- Secure underground parking
- Private balcony with city views
- Resort-style pool within the complex
- Proven high-performing short-term rental
- Strong occupancy and turnover rates
- Positioned in a prime CBD location
Whether youre expanding your portfolio or entering the short-term rental market, this is a rare chance to secure a low-maintenance, high-demand investment in a blue-chip location.
$9,972.00 - Body corp. fees inclusive of electricity and water
Rates - $3200.00
Property History for 71 Lake St, Cairns City, QLD 4870
- 14 Apr 2026Listed for Sale $299,000
- 25 Mar 2026Sold for $273,000
- 17 Jul 2019Listed for Sale Offers Over $1,699,000
Recent sales nearby
See more recent sales nearby/assets/perm/rozwv2w5v4i63mqmqe2guazfji?signature=014d0f0d4a633462e20633f9bed4c05b0049e7c57c9514863cb3220eaf044f53){kind=logo}
0
/assets/perm/upxhdws27ii63mmzo73bk47dzq?signature=0e3aa8ed471147410418676fb5b7926a2791b2a0a46f0f03d7642005c5098aaa){kind=logo}
0/assets/perm/nme5z3n46ai6ngj577c5xpv6za?signature=4864e16747a70713106a73891854b5a52a37a8172f2f5e11dff09b6b94f9da01){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 3,417 properties. Over the last 5 years, Houses in Cairns City have seen a 60.75% increase in median value, while Units have seen a 56.07% increase. As at 31 July 2026:
- The median value for Houses in Cairns City is $734,411 while the median value for Units is $606,586.
- Houses have a median rent of $488 while Units have a median rent of $600.
Suburb Insights for Cairns City 4870
Market Insights
Cairns City Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cairns City Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
