7/199-201 Lake StreetCairns North QLD 4870
Property Details for 7/199-201 Lake St, Cairns North
7/199-201 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 79m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (March 2025)
This exceptional one-bedroom unit, situated in the vibrant community of Cairns North, offers the perfect blend of modern living and unbeatable convenience. Located in the heart of the city, it's close to hospitals, the thriving dining and shopping precincts, and excellent public transport options. Enjoy stunning views of the esplanade with the aquarium as your neighbor, while being just steps away from world-class amenities. With the esplanade just a few steps away, it combines easy access to amenities with a peaceful, sought-after neighborhood.
Nestled in the heart of Cairns North, the property is within walking distance of Cairns Hospital, the medical university, and the city hub. Explore local restaurants, cafes, or enjoy the tranquil residential setting. With the esplanade just a few steps away, it combines easy access to amenities with a peaceful, sought-after neighborhood.
This property is perfect for first-time buyers or investors looking to add a high-demand property to their portfolio. Its prime location, modern design, and strong rental potential make it a standout opportunity.
- Fully furnished with modern pieces, ready for both investors and owner-occupiers
- Private balcony with shutters for privacy and two-way access
- Fully functional kitchen with a full-size fridge for comfortable living
- Spacious, air-conditioned living area with tiled floors and a cozy carpeted bedroom
- Oversized ensuite-style bathroom with a freestanding luxurious bath and separate shower
- Internal laundry with full-size appliances for added convenience
- Secure allocated parking and elevator access for peace of mind
- 20m swimming pool with a BBQ area for residents
- 24-hour onsite management for smooth operations and rental flexibility
- Currently let under Airbnb, generating around $3,500 per month, this unit offers flexible usage-whether for short-term or long-term rental, or as an owner-occupied home
- Body Corporate Fees: $9,559 approx. per annum
- Rates: $2,900 per annum
- Sold furnished, the unit offers a hassle-free transition for both investors and owner-occupiers
DISCLAIMER
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions, (including but not limited to a property's land size, floor plans and size, building age and condition).
Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 7/199-201 Lake St, Cairns North, QLD 4870
- 18 Jan 2025Sold for $365,000
- 14 Jan 2025Listed for Sale Now Sold
- 17 May 2021Listed for Rent $350 / week
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 3,992 properties. Over the last 5 years, Houses in Cairns North have seen a 62.10% increase in median value, while Units have seen a 103.05% increase. As at 31 May 2026:
- The median value for Houses in Cairns North is $815,536 while the median value for Units is $493,991.
- Houses have a median rent of $670 while Units have a median rent of $540.
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