387 Lake StreetCairns North QLD 4870
Property Details for 387 Lake St, Cairns North
387 Lake St, Cairns North is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 620m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (June 2021)
For the very first time to market in history we present 387 Lake Street, Mark my words this property presents more than just a few ideas. Simply put opportunities like this are few and far between!
Many have said this home alone is enough to tempt the visionary first home buyer or astute investor.
Only moments to the Cook Highway and situated on a 620sqm flat, block and close proximity to Cairns CBD, Cairns International Airport and Cairns Base Hospital and not to mention an abundance of schools, hockey fields, Tobruk swimming centre provide the foundations of security for your investment.
Now if the palate desires for the unique individual a development opportunity exists subject to council approval in combination with the two neighbouring properties which we are also selling.
On offer is a total land parcel of an exceptional 1834sqm and zoned low impact industrial. This could be the site of the newest Microbrewery in Cairns.
What you have on the cards to spice up the Cairns nightlife and possibly offer the last pitstop for anyone at the end of their North Queensland holiday heading to the airport situated only 5 minutes away!!
- 620 sqm
- Corner block
- Vacant possession
- Zoned low impact industrial
- First time offered to market in history
- Neighbouring opportunities with one or two other sales *STCA
Contact the 'Ray Murphy Team' on 0402 838 608 to register your interest.
Property History for 387 Lake St, Cairns North, QLD 4870
- 12 Apr 2021Sold for $335,000
- 31 Mar 2021Listed for Sale Under Contract by Ray Murphy
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 3,991 properties. Over the last 5 years, Houses in Cairns North have seen a 51.27% increase in median value, while Units have seen a 102.53% increase. As at 30 June 2026:
- The median value for Houses in Cairns North is $793,888 while the median value for Units is $498,626.
- Houses have a median rent of $695 while Units have a median rent of $550.
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