15/294-298 Sheridan StreetCairns North QLD 4870
Property Details for 15/294-298 Sheridan St, Cairns North
15/294-298 Sheridan St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 81m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (December 2024)
POOL VIEWS AND A QUALITY 2 BEDROOM HOLIDAY APARTMENT IN A GREAT CENTRAL CITY LOCATION
THIS IS THE PERFECT INVESTMENT PROPERTY TO ADD TO YOUR PORTFOLIO.
ENJOY PLENTY OF ROOM TO SPREAD OUT
WITHIN WALKING DISTANCE, enjoy the Cairns Esplanade and parklands/waterfront, Tobruk Olympic Pool, International Tennis Centre, restaurants, and shopping village with newsagent, doctors, bottle shop and minimarts.
NEARBY, head south into the excitement of the city or north to the magnificent Cairns Botanic Gardens and Boardwalks, Red Arrow walks, Centenary Lakes, Edge Hill Village or grab a bus and head to the city.
THE APARTMENT:
Private and peaceful elevated first floor location surrounded by tropical gardens overlooking pool
Flooded with natural light, plenty of windows and cool breezes
Sliding doors from living and main bedroom to covered outdoor patio
Kitchen with plenty of bench and cupboard space, dishwasher
Bathroom/laundry, 125 litre electric HWS
Split system air conditioners, Built in robes, Tiled flooring throughout
Inventory of furnishings
BUILDING DETAILS:
Council Zoning: Short term accommodation, not permanent occupation
Parking: Off street area parking
Onsite facilities: Fantastic resort pool with side seating and spa, relaxation areas, outdoor dining and barbeque facilities
Onsite managers: Operating short term holiday letting
Public transport: Bus pick up outside complex
INVESTMENT DETAILS
INCOME
Annual return: 2023/2024 financial year $29,000 approx. per annum
Current rental: Managed through onsite managers who offer great returns that are steadily increasing, in a split income pool
Electricity deducted from gross pooled income
OUTGOINGS
Council Rates: $2,900 approx. per annum
Body corporate levies: $13,072 approx. per annum
Water: Billed direct to owner/per usage
Disclaimer: 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 information contained herein.
Property History for 15/294-298 Sheridan St, Cairns North, QLD 4870
- 05 Nov 2024Sold for $240,000
- 03 Sep 2024Listed for Sale SOLD BY KAREN HARTLEY
- 05 Aug 2020Listed for Sale Under Contract with Karen Hartley
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 3,861 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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