Back 1/271 Lake St
Off Market

1/271 Lake St

Cairns North QLD 4870

3
2
1
117 m²
Unit
Last sold for $505,000
Zoe WicksZoe Wicks, last sold this property on 21 September 2025 after 48 days on market.

Overview

Ground Floor Lifestyle Living – One Street from the Esplanade

Positioned in a high-demand lifestyle location, just one street back from the Cairns Esplanade, this ground floor unit offers unbeatable convenience, lifestyle, and liveability in a boutique complex of only four. Zoned for Tourist Accommodation, this property is ideal for Airbnb or short-term stays, presenting a golden opportunity for investors looking to capitalise on Cairns' booming tourism market. With its contemporary-chic appeal and fresh updates throughout, it's ready to move straight in. Whether you're a medical professional wanting to walk to work, a downsizer seeking stair-free living, or a savvy buyer after a low-maintenance lock-and-leave property, this one ticks all the boxes. Enjoy a morning walk along the Esplanade followed by coffee in the sun-drenched front patio. The complex is securely gated with electric entry and a lock-up garage for peace of mind and extra storage. Property Highlights: Open plan living and dining Stylish updated kitchen with plenty of bench space King-sized master bedroom with private ensuite and built-in wardrobes Two additional bedrooms with built-in cupboards Main bathroom with large relaxing corner bath Generous internal laundry Split system air conditioning in bedrooms Ceiling fans and security screens throughout Complex Features: Ground floor living – no stairs, no lifts Boutique complex of only 4 units Electric gated entry and secure lock-up garage Sparkling swimming pool in complex Walk to Cairns Hospital, Esplanade, cafes, and CBD Perfect for professionals, downsizers, or investors, this is low-maintenance coastal living in one of Cairns' most sought-after lifestyle pockets. Lifestyle, location, flexibility – and short-term income potential – all in one. Rental Appraisal: $630–$660 pw approx Council Rates: $2,900 pa approx Body Corporate Fees: $7,100 pa approx *The owner reserves the right to accept an offer prior to auction* 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.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
117 m² floor area
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Cairns North over the last 12 months, the estimated median property value of 1/271 Lake St is $600k.

Median value
$600k
Estimated value range
$452.5k - $835k
Median days on market
28
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cairns North. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/271 Lake St

2025
Sold
$505,000
Private Sale/Treaty on 21 Sep 2025 by Zoe Wicks, of Twomey Schriber Property Group

Happy sellers in Cairns North

96%
96% of sellers in Cairns North reported that their sale price either exceeded or met their price expectations.

Cairns North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 49 reviews in Cairns North over the last 12 months.

Local market activity for 3 bedroom units in Cairns North

In the last 12 months, 14 three-bedroom units similar to 1/271 Lake St, have been sold.

This represents a 25% decrease in three-bedroom units sales when compared to the previous 12 months.

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