Back 1101/58 McLeod Street
Off Market

1101/58 McLeod Street

Cairns City QLD 4870

2
2
2
114 m²
114 m²
Apartment
Last sold for $552,000
Miho KumagaeMiho Kumagae, last sold this property on 16 September 2025 after 13 days on market.

Overview

11th- Floor Ocean View Apartment with 2 Car Space in the CBD

Positioned high on the 11th floor in the heart of Cairns, this impressive dual-key corner apartment boasts sweeping ocean and city views. A rare find in the CBD, it includes two secure car spaces plus storage a valuable advantage. Currently part of the holiday letting pool, the property delivers a guaranteed rental return of $3,292.93 per month, ensuring immediate income for investors. With one of the best layouts in the building and a prime location, it offers exceptional value and strong investment appeal. For buyers interested in living in or leasing the property long-term, they can apply to Cairns Council for a change of usage after settlement. * Secure 11th-floor, dual-key apartment * Corner position with panoramic city & ocean views * Two allocated car parks + storage * Well-appointed kitchen plus kitchenette * Large master bedroom * Bright living area & balcony with ocean views * Stylish bathrooms & internal laundry * Rooftop pool & spa in the building * Unbeatable city centre location * Just 1 minute to Cairns Central Shopping Centre * Medical centre & dentist in the same building * Current Guaranteed Rent: $3,292.93/month * Body Corporate: $12,683.8/year * Rates: $3,266.90/year Contact Miho on 0488 005 958 for more information or to arrange an inspection.

Features

2 bedrooms
2 bathrooms
2 carspaces
114 m² floor area
114 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cairns City over the last 12 months, the estimated median property value of 1101/58 McLeod Street is $602.5k.

Median value
$602.5k
Estimated value range
$286.5k - $1.27m
Median days on market
51
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cairns City. 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 1101/58 McLeod Street

2025
Sold
$552,000
Private Sale/Treaty on 16 Sep 2025 by Miho Kumagae, of DJ Smith Property
2016
Sold
$440,000
Private Sale/Treaty on 16 May 2016 by Miho Kumagae, of DJ Smith Property

Happy sellers in Cairns City

93%
93% of sellers in Cairns City reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Cairns City over the last 12 months.

Local market activity for 2 bedroom apartments in Cairns City

In the last 12 months, 32 two-bedroom apartments similar to 1101/58 McLeod Street, have been sold.

This represents a 36% increase in two-bedroom apartments sales when compared to the previous 12 months.

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