38/257-259 Lake StreetCairns North QLD 4870
Property Details for 38/257-259 Lake St, Cairns North
38/257-259 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.
Last Listing description (March 2026)
Welcome to Apartment 38, positioned on Level 1 within the well-regarded Central Plaza Hotel. This fully furnished one-bedroom holiday-let apartment presents a versatile opportunity for investors seeking a low-maintenance base in Cairns.
Offering approximately 62m² of internal space, the apartment showcases a generous open-plan design with a contemporary kitchen, tiled living and dining area, and a private balcony. The property is approved for short-term accommodation of up to three months, allowing you to holiday let through the onsite management team or independently via your preferred booking platform.
Its prime position directly opposite Cairns Base Hospital and just one block from the Cairns Esplanade ensures consistent appeal for medical professionals, visiting specialists, and holidaymakers alike.
- Fully furnished, self-contained one-bedroom apartment
- Flexible holiday letting options (onsite or external platforms)
- Private balcony with tropical outlook
- Full kitchen with quality appliances
- Air-conditioned tiled living area
- Internal laundry with washer and dryer
- Secure underground parking
- Resort-style swimming pool, BBQ facilities and landscaped gardens
Outgoings & Returns:
- Council rates: approximately $3,000 per annum
- Body corporate fees: approximately $7,312 per annum
- Income statement available on request
Currently managed by the onsite holiday letting team, the apartment offers a streamlined, hands-off option for investors. Owners also have the flexibility to transition to independent management should they prefer.
Property History for 38/257-259 Lake St, Cairns North, QLD 4870
- 25 Mar 2026Sold for $305,000
- 03 Mar 2026Listed for Sale Under Contract
- 14 Jan 2026Listed for Sale Offers Over $315,000
Recent sales nearby
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About Cairns North 4870
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 3,860 properties. Over the last 5 years, Houses in Cairns North have seen a 50.12% increase in median value, while Units have seen a 92.76% increase. As at 31 July 2026:
- The median value for Houses in Cairns North is $784,627 while the median value for Units is $488,106.
- Houses have a median rent of $693 while Units have a median rent of $550.
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