14/186-198 Lake StreetCairns North QLD 4870
Property Details for 14/186-198 Lake St, Cairns North
14/186-198 Lake St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.
Last Listing description (January 2026)
Positioned right next door to the Cairns Base Hospital and just around the corner from the Cairns Esplanade, this apartment is located in one of the most tightly held and consistently high-demand pockets of Cairns. With cafés, transport links, the Esplanade, and major employment hubs all within metres, this is blue-chip inner-city living at its best.
Constructed from solid concrete block and finished with durable vinyl flooring, the property is perfectly suited to investors seeking a low-maintenance, tenant-friendly home in a premium location. Currently leased to long-term tenants at $450 per week until 28 September 2026. Zoned Tourist Accommodation, there is also potential for Airbnb/short-stay letting in this prime holiday location.
The layout offers practical everyday living, featuring an open-plan lounge and dining area flowing onto the balcony, a functional kitchen, bathroom, and internal laundry. Both bedrooms include built-in wardrobes, with split-system air-conditioning and ceiling fans throughout. The complex includes an undercover carport and a swimming pool.
Current Fixed Lease: $450 per week to 28.09.2026
Council Rates: $3,200 per annum approx
Body Corporate Fees: $7,900 per annum approx
Sinking Fund Balance: $156,000 approx
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.
Property History for 14/186-198 Lake St, Cairns North, QLD 4870
- 15 Dec 2025Sold for $390,000
- 02 Dec 2025Listed for Sale SOLD BY ZOE WICKS
- 27 Aug 2024Listed for Rent $420 / week
Recent sales nearby
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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 3,865 properties. Over the last 5 years, Houses in Cairns North have seen a 50.12% increase in median value, while Units have seen a 92.76% increase. As at 31 July 2026:
- The median value for Houses in Cairns North is $784,627 while the median value for Units is $488,106.
- Houses have a median rent of $693 while Units have a median rent of $550.
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