2/6-8 Faculty CloseSmithfield QLD 4878
Property Details for 2/6-8 Faculty Cl, Smithfield
2/6-8 Faculty Cl, Smithfield is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (July 2024)
Welcome to this fully furnished, fully renovated, modern unit located at Arcadia Gardens opposite James Cook University and Smithfield Shopping Centre.
Due to the onsite managers association with JCU and now the closure of Cairns Student Lodge the level of rental demand for Australian and overseas students is unprecedented. With a predicted weekly rent of $360/wk makes this a lucrative and savvy stress-free investment opportunity.
Alternatively, if you are looking to downsize or relocate or maybe seek an Air BNB or lazy weekender here in Cairns, this walk in ready apartment is the one for you!
-Fully refurbished throughout
-Modern furniture package included
(Extensive Inventory of EVERYTHING, furniture, whitegoods, cutlery, appliances etc)
-First floor with street level access so no stairs
-Basement carpark with lock up storage room
-Option of Wifi included for $20/mth
-28 units in total: 10 owner occupied and 18 investors
-Walk to all amenities nearby
FACTS & FIGURES:
Lots in Complex: 28
Unit Size: 62sqm
Body Corp Fees: $4757 per annum
Council Rates: $2918 per annum
Sinking Fund: $170,000 credit
Admin Fund: $18,000 credit
Rental Potential: $360 per week
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent 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.
Property History for 2/6-8 Faculty Cl, Smithfield, QLD 4878
- 12 Dec 2023Sold for $250,000
- 04 Dec 2023Listed for Sale SOLD BY KARL LATHAM
- 17 Sep 2015Listed for Rent - Price not available
Recent sales nearby
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About Smithfield 4878
The size of Smithfield is approximately 13.1 square kilometres. It has 14 parks covering nearly 31.2% of total area. The population of Smithfield in 2016 was 5303 people. By 2021 the population was 6664 showing a population growth of 25.7% in the area during that time. The predominant age group in Smithfield is 30-39 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a professional occupation.In 2021, 65.30% of the homes in Smithfield were owner-occupied compared with 63.30% in 2016.
Smithfield has 3,732 properties. Over the last 5 years, Houses in Smithfield have seen a 78.31% increase in median value, while Units have seen a 109.55% increase. As at 30 November 2025:
- The median value for Houses in Smithfield is $822,030 while the median value for Units is $438,984.
- Houses have a median rent of $700 while Units have a median rent of $400.
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