3/271 Lake StreetCairns North QLD 4870
Property Details for 3/271 Lake St, Cairns North
3/271 Lake St, Cairns North is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 123m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (March 2017)
Are you looking for a little money maker? This may be the investment you have been searching for! There are two top floor units in this complex for sale - the first is currently one of the most popular 3 bedroom units rented through Airbnb. Renting for an average rate of $200 per night, the occupancy is extremely high due to the ideal location and the opportunity to sleep 6 people comfortably in this property. The other unit is occupied by great tenants on a periodical lease paying $360 per week. The units are ideally located one street back from the Esplanade and within walking distance to the Hospital and Cairns CBD.
Both units are identical and mirror image to each other - the open plan living and separate dining areas are extra large compared to other 3 bedroom units in Cairns. The main bedroom has an ensuite and the second bathroom features a spa bath. The units are completely air-conditioned and all bedrooms feature built in wardrobes. There is a bonus storage room in the unit (currently used for housing all of the extra linen and amenities used for Airbnb guests). The internal laundry is large and features a washer and dryer.
The complex is only small (4 in total) and features a built in swimming pool at the rear of the complex as well as lock up garaging for your car.
Be quick as these beauties will not last long!
Property History for 3/271 Lake St, Cairns North, QLD 4870
- 03 Feb 2017Sold for $320,000
- 10 Jan 2017Listed for Sale Not Disclosed
- 30 Nov 2015Sold for $207,000
Recent sales nearby
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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 4,004 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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