6/253-255 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 72m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Seize this exceptional investment opportunity in the heart of Cairns! Offering a robust 16.4% return, this Central Plaza Apartments 1-bedroom gem is fully furnished and ready to deliver consistent returns.
Prime Location:
- Adjacent to Cairns Base Hospital and minutes from the upcoming $250M University Hospital Expansion.
Property Highlights:
- Fully furnished, self-contained 1-bedroom apartment on the first floor.
- Kitchen with dishwasher, built-in wardrobes, and an internal laundry.
- Split-system air conditioning for ultimate comfort.
- Secure undercover parking (unallocated, not on Title).
- Resort-style amenities, including a swimming pool and BBQ facilities.
- Professional onsite managers to maximize your investment returns.
- Peace of mind in a secure complex.
Perfect for high-demand holiday rentals, this property combines strong returns with premium location advantages.
Don't miss your chance to secure this high-performing asset. Contact us today for more details!
Rates $2,900 per annum approx
Body Corporate $7,200 per annum approx
All information contained herein is gathered from sources we believe to be reliable. This office and its Agents provide no guarantees or undertakings concerning the accuracy, completeness or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
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:
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