6/261-265 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. The property has a land size of 1820m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Studio sold in Cairns North in the last 12 months.
Whether you're looking to downsize into a convenient, low-maintenance lifestyle or invest in a set-and-forget property with a great return, this tidy furnished studio apartment is packed with value and potential.
Positioned just minutes from the Cairns CBD, Esplanade, and hospital precinct, this property offers an affordable opportunity in a high-demand location. With a tenant in place until September 2025 paying $300/week, it's a smart addition to any investment portfolio-or a future downsize option with income in the meantime.
Property Highlights:
The Figures:
Rates: Approx $3,000pa
Rental Income: $300pw (can be increased in September 2025)
Body Corporate Fees: $8,317.44pa
Location Perks:
• 5 minutes to Cairns CBD, Esplanade & Cairns Hospital
• Easy access to public transport
• Close to cafes, shops, airport, and medical services
Whether you're planning for future lifestyle changes or looking for an investment that works from day one, 6/261-265 Sheridan Street delivers location, simplicity, and strong rental performance.
Contact Alesha today for more details - opportunities like this are snapped up quickly!
ONSITE AUCTION
When: Thursday, 31st July 2025
Time: 5:30pm
Auctioneer: David Murphy
Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/W3QgJ
**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation 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 3,994 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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