102/166-168 Lake Street, Cairns North, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

102/166-168 Lake Street
Cairns North QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 242m2
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Property Details for 102/166-168 Lake St, Cairns North

Building Type
Commercial
Year Built
1985
Land Size
242m2
Local Government
Cairns Regional
Lot/Plan
102/SP165247

Last Listing description (July 2023)

Knight Frank is pleased to present Suite 102/166-168 Lake Street (1 Kerwin Street), Cairns North to market for sale or lease.

This freehold property is part of Lots 101 - 115 of a complex on the corner of Lake and Kerwin Streets. Lot 102 consists of an area of 242 sqm with substantial frontage to Kerwin Street, prominently located on the ground level and provides a rare opportunity to purchase or lease a well located property in the Cairns North Medical Precinct. The premises had been trading as a dental practice and would adapt easily to medical or dental facilities, or office use.


The property is in the heart of the medical precinct, situated directly opposite the Cairns Hospital, and in close proximity to Cairns Private Hospital. The immediate surroundings are predominantly occupied by medical uses and specialists in all fields. The property is also in close proximity to the Cairns Esplanade and tourism precinct with excellent connectivity to the Cairns CBD.

Asking price $1.3 million + GST or rental of $120,000 pa + GST + outgoings.

For a copy of the Information Memorandum contact Greg Wood 0418 772 555 or 4046 5330.

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Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 33 years and incorporates three departments into the one office: a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Property History for 102/166-168 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Transferred
$300,000
01 Jul 2009
Listed for Rent
$120k/w
14 Jul 2023
  • 28 Jul 2021
    Listed for Sale $1,300,000
  • 28 Jul 2021
    Listed for Rent $120,000 / year
  • 17 Jul 2019
    Listed for Sale $1,300,000
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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 3,866 properties. Over the last 5 years, Houses in Cairns North have seen a 50.11% increase in median value, while Units have seen a 94.51% increase. As at 31 August 2026:

  • The median value for Houses in Cairns North is $787,540 while the median value for Units is $494,807.
  • Houses have a median rent of $693 while Units have a median rent of $550.
There are currently 56 properties listed for sale, and 29 properties listed for rent in Cairns north on OnTheHouse. According to Cotality's data, 229 properties were sold in the past 12 months in Cairns north.

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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.