30/257-259 Lake StreetCairns North QLD 4870
Property Details for 30/257-259 Lake St, Cairns North
30/257-259 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 2000. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.
Last Listing description (February 2025)
Invest, or Holiday Your Gateway to Cairns Living
Introducing Apartment 30, nestled in the highly desirable Central Plaza Hotel. This exceptional property offers a unique opportunity for buyers seeking a prime investment in the heart of Cairns. Whether you're looking for a holiday rental, or simply a savvy investment, this apartment provides endless possibilities with easy access to the city's best attractions.
Spanning 62m, this fully furnished and self-contained 1-bedroom apartment is designed for comfort and convenience. The open-plan living area seamlessly combines the lounge, dining, and kitchen spaces, leading to a private balcony where you can unwind and enjoy the sunset.
Situated directly opposite Cairns Base Hospital, this apartment offers great convenience for healthcare professionals or anyone seeking proximity to medical services. Additionally, being just one block from the Esplanade, youll be within walking distance of the city's vibrant waterfront, restaurants, and shops. The apartment is ideal for professionals, holidaymakers, or those looking for a city-centric lifestyle. With its flexible rental options, high returns, and prime location, it is the perfect addition to any investment portfolio.
The property also benefits from on-site management, ensuring that the apartment is well-maintained, whether used as a holiday rental or a long-term residence. Alternatively, if you prefer, you can arrange external management for added flexibility. Enjoy the lush tropical gardens surrounding the complex, enhancing the sense of relaxation and providing a tranquil retreat in the heart of the city.
KEY FEATURES:
Fully furnished, providing all the essentials for convenient living
Private balcony, offering seclusion and refreshing natural breezes
Well-equipped kitchen with full-sized appliances for self-sufficiency
Spacious, fully air-conditioned living area with tiled floors
Sleek "all-in-one" ensuite bathroom for ease and functionality
Internal laundry with full-sized washer and dryer
Secure underground parking for peace of mind
Resort-style tropical pool and BBQ facilities at the heart of the complex
Rental Appraisal: $520$550 per week
Rates: Approx. $2,900 per year
Body Corporate Fees: Approx. $7,263 per year
(Statement summaries available on request)
ADDITIONAL NOTE:
Currently part of the holiday let program with on-site management, this apartment is also used as an owner-occupied residence for both leisure and work. It offers flexibility for the next owner, whether for continued holiday letting or as a personal living space - or both!
With its unbeatable location, this property is just a short walk from the iconic Cairns Esplanade, top-rated restaurants, cafes, and shops. Whether for investment or lifestyle, this apartment offers the best of both worlds.
Contact Naomi today to arrange a private viewing and seize this fantastic opportunity!
Property History for 30/257-259 Lake St, Cairns North, QLD 4870
- 31 Jan 2025Sold for $305,000
- 02 Dec 2024Listed for Sale Offers in the Low $300s
- 19 May 2012Listed for Sale 179000
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 3,988 properties. Over the last 5 years, Houses in Cairns North have seen a 42.87% increase in median value, while Units have seen a 104.96% increase. As at 30 November 2025:
- The median value for Houses in Cairns North is $711,029 while the median value for Units is $455,187.
- Houses have a median rent of $545 while Units have a median rent of $495.
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