36/199-201 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 75m2 and floor size of 54m2.This Property is currently listed for sale with McGrath Cairns
Positioned in the heart of Cairns' medical and lifestyle precinct, this well presented one bedroom apartment at 201 Lake Street offers an appealing combination of location, flexibility and investment potential. Set within an established complex just moments from the Cairns Esplanade, hospitals and CBD, the property presents options for owner occupiers, permanent rental or short term accommodation, with both residential and holiday letting established within the complex.
Ocean views
Huge income potential
Nightly Rate: $275-$375/night
Rental Estimate: $600-$620/week
Units in Complex: 48
Council Rates: Approx. $1,750.40/half year
Body Corporate Fees: $5,808.62/half year
The size of Cairns North is approximately 2.9 square kilometres. There are 6 parks, covering nearly 9.7% of the 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 3,866 properties. Over the last 5 years, Houses in Cairns North have seen a 50.11% increase in median value, while Units have seen a 94.51% increase. As at 31 August 2026:
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