7/233-237 Esplanade

Cairns North QLD 4870

Located just steps from the Cairns Esplanade, hospital, cafes, and schools, the apartment is ideally situated to attract both tourists and tenants year-round.

With limited properties available in this tightly held complex and strong buyer demand in the Cairns market, this is a smart, set-and-forget investment offering solid returns and future capital growth.

KEY FEATURES:

• Fully furnished and self-contained 1-bedroom apartment
• Ground floor with private patio and pool access
• Open-plan tiled living and dining area
• Carpeted bedroom with built-in robe
• Granite kitchen benchtop and full-size appliances
• Ducted air-conditioning for year-round comfort
• Secure gated entry from both Esplanade and Lake Street
• Access to large tropical in-ground pool with undercover BBQ facility
• Solar power, NBN connected, and internal laundry with extra storage space
• Onsite parking available (no car park on title)
• Professionally managed by onsite management team

INVESTMENT SNAPSHOT:

• Net Return: (pre-new management) just over $22,000 annually
• Rates $3,000 approx pa
• Body Corp Fees $7,627 approx pa
• Current Use: Holiday let with strong occupancy and rental returns
• Use flexibility: Stay up to 3 months or lease long/short term
• Management Options: Choose to use the onsite management, engage an external agency, or self-manage—the choice is yours
• Proven returns from tourism, business, and medical stays
• Low maintenance with high appeal in the Cairns market
• Perfect set-and-forget investment with peace of mind

UNBEATABLE LOCATION:

• Directly on the Cairns Esplanade for morning walks and sunset views
• Walk to Cairns Base Hospital, cafes, restaurants, and the CBD
• In the Cairns High School catchment
• Near Mother of Good Counsel Primary and St Monica’s College

TROPICAL LIFESTYLE WITH URBAN CONVENIENCE

With resort facilities, unbeatable waterfront positioning, and a proven track record of returns, this apartment in Waterfront Terraces is a rare opportunity in a tightly held complex.
Whether you're seeking a carefree holiday base or a high-performing short-term rental, this tropical gem offers exceptional flexibility and strong returns in one of Cairns’ most desirable waterfront locations.

Contact Naomi today to secure your slice of Cairns' vibrant Esplanade lifestyle.