10/324-328 Sheridan Street

Off Market

10/324-328 Sheridan Street

Cairns North QLD 4870

52 m²

Unit

Last sold for $333,000

Ian Nathan, last sold this property on 15 September 2026 after 11 days on market.

Overview

Set and Forget. The Tenant Is Already There.

Welcome to Unit 10 at Makaira Lodge Cairns North. This is a well-presented investment with a tenant secured until 16 April 2027. The modern updated unit offers two bedrooms, one bathroom plus some handy extras including a dishwasher, washing machine and dryer. The kitchen, dining and living area offers a practical space to live in. Both bedrooms are a good size with a built-in wardrobe in the primary. There's a single car space right outside the unit. It’s already set up and working well as an investment. The big bonus here is that you don't need to find a tenant before you start receiving rent. The property is tenanted until April 2027, with a good rental return of $499 per week. For investors like you wanting something simple and straightforward, this one is worth a look. Property Features: - Two bedrooms, one bathroom - One car space - Split system in all rooms - Modern, well-presented interior - Built-in robe in primary - Dishwasher - Washing machine and Dryer included Complex Features: - Central location along Sheridan and Smith Street - Easy walk to Dunwoody's, Hungry Jack's, Esplanade and Tobruk Pool - Close to Cairns Hospital and JCU Campus Key Figures: - Body Corporate = $3,833.33 per annum - Council Rates = approx. $3,500 per annum - Current rent = $499 per week - Currently tenanted until April 2027 Contact Ian Nathan on 0405 845 535 to arrange an inspection. DISCLAIMER: We believe this information to be accurate and reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries and rely on their own investigations before making any decisions. Virtual styling has been used in some images to help showcase the potential of the property. Furniture and décor shown are for illustration purposes only and may not reflect the property as it currently presents.

Features

2 bedrooms

1 bathroom

1 carspace

1 open car space

52 m² floor area

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cairns North over the last 12 months, the estimated median property value of 10/324-328 Sheridan Street is $450k.

Median value

$450k

Estimated value range

$245k - $810k

Median days on market

Estimated value trend

14%

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 10/324-328 Sheridan Street

2026

Sold

$333,000

15 Sep 2026 by Ian Nathan, of Cairns Property Office City

2026

Rented

Undisclosed

Leased on 13 Mar 2026 by Cairns Property Office City

2021

Sold

$144,000

10 Jan 2021 by Rose Baker, of @realty - QLD

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 41 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 52 two-bedroom units similar to 10/324-328 Sheridan Street, have been sold.

This represents a 11% increase in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Cairns North for a free market appraisal.

Tim Lyon

at Twomey Schriber Property Group

(385 reviews)

Get a free market appraisal

Zoe Wicks

at Twomey Schriber Property Group

4.9

(263 reviews)

Get a free market appraisal

Kaine Rowe

at Belle Property Cairns

4.9

(222 reviews)

Get a free market appraisal

Tim Winborn-Sharp

at Twomey Schriber Property Group

4.9

(166 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cairns North

Tim Lyon

Sellers who recommend Tim Lyon have praised them for being clear communication, local expert, responsive, supportive, reliable, well-prepared and honest

5 (385 reviews)
17 Reviews in Cairns North
18 Sales in Cairns North

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Zoe Wicks

Sellers who recommend Zoe Wicks have praised them for being clear communication, local expert, well-prepared, friendly, supportive, responsive and great negotiation

4.9 (263 reviews)
11 Reviews in Cairns North
9 Sales in Cairns North

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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North. They have 20 local sales and collected 3 local reviews across the last 12 months.

4.9 (222 reviews)
3 Reviews in Cairns North
20 Sales in Cairns North

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Tim Winborn-Sharp

Sellers who recommend Tim Winborn-Sharp have praised them for being local expert, clear communication, responsive, friendly, honest, reliable and supportive