120/331-337 Lake StreetCairns North QLD 4870
Property Details for 120/331-337 Lake St, Cairns North
120/331-337 Lake St, Cairns North is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 134m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (May 2022)
Boasting a better than new interior, captivating mountain views and a supremely comprehensive, designer inventory, this fantastic offering in The Edge apartments is the best value "nothing left to spend" property you may ever find and ensures high rental yields from day one.
The Facts -
- Major internal refit completed
- Private aspect overlooking the rear mountain ranges
- Fresh modern interior with high quality, designer appliances
- Gated underground parking with additional storage cage
- Large apartment with a total of 134m2 on title
- Secure complex with underground parking and onsite management
- 1 street back from the Esplanade, walking distance to cafes
The Bottom Line -
- Previous rental income $550 p/w. Statements available
- Body corp fees $7,900 p/y
- Council Rates $2,600 approx p/y
- Number in complex 95
- Year built 2009
With all regulatory requirements, maintenance, appliance upgrades, new carpets, quality whitegoods, furniture, furnishings & equipment already in place, there is nothing to spend before this property gives a discerning Investor years of solid returns starting from day 1.
For all enquiries - contact Tim Lyon on 0400 355 706
Property History for 120/331-337 Lake St, Cairns North, QLD 4870
- 19 Apr 2022Sold for $425,000
- 22 Feb 2022Listed for Sale Under Contract
- 13 Sep 2018Sold for $292,500
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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 3,994 properties. Over the last 5 years, Houses in Cairns North have seen a 51.27% increase in median value, while Units have seen a 102.53% increase. As at 30 June 2026:
- The median value for Houses in Cairns North is $793,888 while the median value for Units is $498,626.
- Houses have a median rent of $695 while Units have a median rent of $550.
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