341 Lake StreetCairns North QLD 4870
Property Details for 341 Lake St, Cairns North
Last Listing description (January 2015)
*** The Serpent Hostel - The Best purpose built hostel in North Queensland ***.
Penridge Commercial is pleased to offer for sale the property located at 341 Lake Street, known as The Serpent Hostel. This 292 bed backpacker complex is superbly positioned only one street back from the Cairns Esplanade and offers owner operators a perfect opportunity to secure one of the best purpose built accommodation complexes in the North.
The complex is built on a 4863m2 'Tourist & Residential' designated site set out to the southern alignment of Lake Street extending though to provide an additional frontage to Digger Street.
Other improvements to the property include bitumen sealed car park, extensive landscaped grounds including in-ground resort pool, beach volleyball area, recreation area and various concrete, paved and timber deck external areas and boundary fencing.
A prime opportunity to secure one of the best backpacker complexes in Far North Queensland!!
Property History for 341 Lake St, Cairns North, QLD 4870
- 10 Jul 2023Sold for $8,000,000
- 24 Dec 2010Listed for Sale Not Disclosed
- 20 Apr 2009Transferred for $179,000
Recent sales nearby
See more recent sales nearby/assets/perm/bp6idno3yai6nerf4w6t7acwp4?signature=13615ee511cba0dd25b029e8c5bd468a5f8a7c43d3fe5c75313d8460dbfff446){kind=logo}
0/assets/perm/kx6p4jttbai65ejdho6nlf2wjq?signature=ea6582afd2588348dc7c57e46adff1f57e2740300b264b9759984b91b1acc168){kind=logo}
0
/assets/perm/7oaulnb2oii65hkunh7a5jrqbi?signature=1e5beb303523272332d950435d835b181ec91a0fe6dab48eb695acc9a119c4b7){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 3,986 properties. Over the last 5 years, Houses in Cairns North have seen a 53.53% increase in median value, while Units have seen a 110.54% increase. As at 30 April 2026:
- The median value for Houses in Cairns North is $796,214 while the median value for Units is $498,352.
- Houses have a median rent of $650 while Units have a median rent of $540.
Suburb Insights for Cairns North 4870
Market Insights
Cairns North Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cairns North Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
