10/324-328 Sheridan Street, Cairns North, QLD 4870 sold on 16 September 2026 | OnTheHouse
SOLD
Sold on 16 Sep 2026 for $333,000

10/324-328 Sheridan Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 52m2
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Property Details for 10/324-328 Sheridan St, Cairns North

10/324-328 Sheridan St, Cairns North is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 52m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
52m2
Land Size
52m2
Local Government
Cairns Regional
Lot/Plan
10/BUP70057

Last Listing description (October 2026)

Welcome to Unit 10 at Makaira Lodge Cairns North. This is a well-presented investment with a tenant secured until 16 April 2027.

The modern updated unit offers two bedrooms, one bathroom plus some handy extras including a dishwasher, washing machine and dryer.

The kitchen, dining and living area offers a practical space to live in. Both bedrooms are a good size with a built-in wardrobe in the primary. There's a single car space right outside the unit.

Its already set up and working well as an investment.

The big bonus here is that you don't need to find a tenant before you start receiving rent. The property is tenanted until April 2027, with a good rental return of $499 per week.

For investors like you wanting something simple and straightforward, this one is worth a look.

Property Features:
- Two bedrooms, one bathroom
- One car space
- Split system in all rooms
- Modern, well-presented interior
- Built-in robe in primary
- Dishwasher
- Washing machine and Dryer included

Complex Features:
- Central location along Sheridan and Smith Street
- Easy walk to Dunwoody's, Hungry Jack's, Esplanade and Tobruk Pool
- Close to Cairns Hospital and JCU Campus

Key Figures:
- Body Corporate = $3,833.33 per annum
- Council Rates = approx. $3,500 per annum
- Current rent = $499 per week
- Currently tenanted until April 2027

Contact Ian Nathan on 0405 845 535 to arrange an inspection.

DISCLAIMER: We believe this information to be accurate and reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries and rely on their own investigations before making any decisions. Virtual styling has been used in some images to help showcase the potential of the property. Furniture and dcor shown are for illustration purposes only and may not reflect the property as it currently presents.

Property History for 10/324-328 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$333,000
16 Sep 2026
Listed for Rent
$499/w
16 Apr 2026
  • 16 Sep 2026
    Sold for $333,000
  • 04 Sep 2026
    Listed for Sale Offers Over $324,000
  • 03 Mar 2026
    Listed for Rent $499 / week
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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. There are 6 parks, covering nearly 9.7% of the total area. The population of Cairns North in 2016 was 5191 people. By 2021 the population was 5334 showing a population growth of 2.8% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation.In 2021, 33.80% of the homes in Cairns North were owner-occupied compared with 29.20% in 2016.

Cairns North has 3,874 properties. Over the last 5 years, Houses in Cairns North have seen a 45.81% increase in median value, while Units have seen a 86.39% increase. As at 30 September 2026:

  • The median value for Houses in Cairns North is $776,745 while the median value for Units is $479,790.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 65 properties listed for sale, and 28 properties listed for rent in Cairns north on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Cairns north.

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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.