89 Digger StreetCairns North QLD 4870
Property Details for 89 Digger St, Cairns North
89 Digger St, Cairns North is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (February 2023)
SOLD with Tom Quaid
Positioned just 2 blocks from the Cairns Esplanade, this rare full block of 4 units is offered for sale for the first time in over a decade, offering a ripe opportunity for the investor.
Set on a 507m2 allotment and backing onto parkland, the circa 1940s original building offers 4x 2 bedroom, 1 bathroom units, each updated with a modern kitchen and with a shared laundry room, metred back to each unit.
The property is on a single title with no Body Corporate, and there is a detached carport to the rear, with gated side access.
3 of the 4 units are currently tenanted, with the 4th currently vacant.
Unit 1 (ground floor, front unit) $320 per week to 12/2/23
Unit 2 (ground floor, rear unit) $315 per week to 11/06/23
Unit 3 (upstairs, front unit) $305 per week to 05/03/23
Unit 4 vacant
There is potential to increase rents with the next renewals, and with the 4th unit let there is a potential gross income of $1300 per week ($325x4).
Being an older building, there are opportunities to improve and upgrade and enjoy the benefits - but the gutters are new and there is a split system AC to each unit. With upgrades and furnished, the property could alternatively serve as a great location for AirBnB, being so close to the Esplanade and airport.
For more information or to arrange an inspection (24 hours notice required), contact Tom Quaid at Quaid Real Estate.
*please note photos have been digitally staged to remove tenants' personal items
Property History for 89 Digger St, Cairns North, QLD 4870
- 01 Feb 2023Sold for $725,000
- 08 Dec 2022Listed for Sale Offers over $695,000
- 31 Oct 2019Listed for Rent $300
Recent sales nearby
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About Cairns North 4870
The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of 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 3,990 properties. Over the last 5 years, Houses in Cairns North have seen a 51.43% increase in median value, while Units have seen a 108.99% increase. As at 28 February 2026:
- The median value for Houses in Cairns North is $766,204 while the median value for Units is $485,280.
- Houses have a median rent of $570 while Units have a median rent of $505.
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