345 Lake Street, Cairns North, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

345 Lake Street
Cairns North QLD 4870

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 809m2
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Property Details for 345 Lake St, Cairns North

345 Lake St, Cairns North is a 6 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Land Size
809m2
Local Government
Cairns Regional
Lot/Plan
44/C198131

Last Listing description (February 2025)

This unique property offers a rare opportunity to acquire a 6-bedroom, 2-bathroom, 2 - kitchen residence with pool on an 809m2 parcel of land on sort after Lake Street, located a 1min drive to Cairns Base Hospital and a 3min drive to Cairns International Airport and a joyful 100m walk to Cairns Esplanade.

Highly sort after Lake St location
Dual residence with pool

2 kitchens, 2 bathrooms, 6bedrooms, 2 cars
Charming low set Queenslander
Polished timber floors and decorative ceilings
Multiple business use opportunity
Great Airbnb location
Perfect work from home business address
Council approved for apartment development
1 min to Hospital, 3min to Airport or CBD
100m walk to Cairns Esplanade

This low set Queenslander has 2 separate residences under the same roof and comes with the charm of polished timber floors and decorative high ceilings and would ideally suit a multitude of uses, including Hostel, Airbnb, Medical Practice, Professional Practic, Government Agency other including store/cafe, or a combination of residential and work from home.

The property currently operates as duel residential, office rental and Airbnb and can be sold with tenants in place or vacant possession. There is a current Council Approved Development Application in place to build 8x2bedroom apartments, setting a precedent for the versatility this property has as a future development site.

Sale by Tender: present best offers before 26th August 2024

For further information including price guide or to arrange inspection please contact Darcy on 0400 080 555

Property History for 345 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,200,000
26 Aug 2024
Listed for Rent
$500/w
10 Mar 2015
  • 26 Aug 2024
    Sold for $1,200,000
  • 08 Aug 2024
    Listed for Sale Sold by Darcy Smith
  • 31 Oct 2019
    Listed for Sale $750,000neg
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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 4,001 properties. Over the last 5 years, Houses in Cairns North have seen a 47.21% increase in median value, while Units have seen a 102.97% increase. As at 31 December 2025:

  • The median value for Houses in Cairns North is $724,015 while the median value for Units is $465,575.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 28 properties listed for sale, and 41 properties listed for rent in Cairns north on OnTheHouse. According to Cotality's data, 259 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.