135/166-168 Lake Street

Cairns North QLD 4870

Experience the best of tropical city living in this bright third-floor dual-key apartment, perfectly positioned in the sought-after Esplanade precinct, just one street back from the waterfront.Enjoy flexible living and income options - live in one side and rent out the other, lease both long-term, or holiday-let/Airbnb for additional returns.Renting out the studio can comfortably cover your outgoings, giving you lifestyle freedom and investment confidence in one smart package.The one-bedroom apartment features a kitchen, open-plan lounge and dining area, and two balconies capturing beautiful and mountain views - the perfect place to unwind and enjoy stunning tropical sunsets.The bedroom includes ensuite with built-in robes integrated laundry.The adjoining studio offers a kitchenette, combined bedroom/lounge/dining area, balcony, and bathroom - ideal for guests, extended family, or additional rental income. A coin-operated laundry is located downstairs for added convenience.Fully air-conditioned with ceiling fans throughout, the property comes partly furnished with only a few personal touches needed to make it ready for you or your tenants.The complex provides resort-style facilities including a lap pool, two tennis courts, restaurant/bar/caf, lift access, and secure undercover parking for two cars - all surrounded by lush tropical gardens.Pet-friendly (subject to Body Corporate approval), adjacent to the Cairns Hospital, and only a short stroll to cafs, restaurants, and the Cairns Esplanade, this apartment offers an outstanding combination of lifestyle, location, and income potential - perfectly suited to medical professionals, investors, or owner-occupiers seeking easy tropical living.Rental Estimate Studio: $400 $430 per week approxRental Estimate 1 Bedroom: $460 $490 per week approxBody Corporate Fees: $12,100 per annum approxCouncil Rates: $2,900 per annum approxThis property is zoned Specialised Centre. The two parking spaces are not on title and not allocated-parking operates on a first-in, best-dressed basis. Buyers are strongly encouraged to conduct their own due diligence regarding zoning, parking arrangements, and all other relevant matters.All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.