76 Lake Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
 
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76 Lake Street
Cairns City QLD 4870

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Property Details for 76 Lake St, Cairns City

Building Type
Commercial
Local Government
Cairns Regional
Lot/Plan
426/C1981

Last Listing description (July 2021)

Directly beside Woolworths - Only CBA in Cairns CBD

Long Seven (7) year lease to CBA plus options to August 2034.
CBA: #1 ASX listed company with a current market cap of $171.05 billion (as at May 2021).
The only CBA branch in Cairns CBD On-site 30+ Years.

Secure leases to corporate tenants including CBA & Opteon Property Group.
Commanding 1,421sqm two level retail/office building.
Significant tax depreciation benefits with $649,000 in capital works since 2011.
Rare 1,012sqm inner CBD site with 20 metre frontage to Lake Street high foot traffic location.
Situated in heart of Cairns CBD directly beside Woolworths and amongst Zambrero, Kathmandu and all major banks.
Cairns: Australia's 5th largest regional city with rapidly growing population of 168,449.
Estimated Net Rent: $554,181pa + GST (as at August 2021).

For Sale by Private Treaty

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Property History for 76 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$5,250,000
24 Jun 2024
  • 24 May 2021
    Listed for Sale $7,250,000
  • 28 Aug 2020
    Listed for Rent $50,000
  • 09 Mar 2020
    Listed for Sale FOR SALE BY FORMAL OFFER
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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 3,420 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.
There are currently 52 properties listed for sale, and 26 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 147 properties were sold in the past 12 months in Cairns city.

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© 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.

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