27/249-255 Esplanade Cairns North QLD 4870
Property Details for 27/249-255 Esplanade, Cairns North
27/249-255 Esplanade, Cairns North is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 125m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (November 2022)
You are welcome to inspect unit 27 at 249-255 Esplanade.Located on the fifth floor with stunning views from every window this amazing apartment will take your breath away.Coral Tower is spectacularly positioned at the north end of the esplanade and is close to everything! Within walking distance to the CBD, Cairns Central shopping centre, Cairns Base Hospital, Restaurants, Cafs, Cairns Marina and more!With stunning and uninterrupted views over the Esplanade this huge apartment has over 120m2 of floor area including a secure private car park.Itapos;s like you are on holidays every day!Features include:* Two large bedrooms both with fantastic views* Two bathrooms - one off the main bedroom* Modern kitchen with lots of storage and benchtop space* Large open plan living* Internal Laundry* Balcony with sea views* Plenty of natural light* Secure parking* Shared swimming pool* Heated SPA in the complex* Tour desk* Lift/Elevator* Fantastic views of the Coral SeaFor investors:Price: Offers in the high $400,000apos;sCurrent Rent: $400 till January 2023Rental Appraised: $550 - $600 per weekHoliday let: $200 - $300 per night (depending on the season)Rates: $2,700 approximately per yearBody Corporate: $8,800.22 per year (Discounted annual funds for prompt payment)Potential rental Yield: Approximately 5% (Estimate only)Potential annual rental income: $31,200 (Estimate only)Potential Holiday let Yield: Approximately 8% - 11% (Estimate only)Currently leased - A notice of 24 hours is needed to inspect the property.Call Claudio now to organise your private inspection* Rental Yield and Rental Income are approximate and based on the current market**Photos have been digitally cleared and digital furniture applied***Currently tenanted till January 2023
Property History for 27/249-255 Esplanade, Cairns North, QLD 4870
- 29 Sep 2022Sold for $470,000
- 12 Sep 2022Listed for Sale Offers in the high $400,000's
- 25 Feb 2016Listed for Rent $390 / week
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About Cairns North 4870
The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of 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 4,003 properties. Over the last 5 years, Houses in Cairns North have seen a 54.98% increase in median value, while Units have seen a 105.04% increase. As at 31 January 2026:
- The median value for Houses in Cairns North is $759,715 while the median value for Units is $485,301.
- Houses have a median rent of $573 while Units have a median rent of $500.
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