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1117-1118/3 Water Street

Cairns City QLD 4870

2
2
90 m²
Apartment
Currently for sale - view listing

Overview

Dual-key opportunity with resort appeal

HOLIDAY LET ONLY UNABLE TO BE OWNER OCCUPIED Tropical gardens, resort-style pools and a convenient Cairns City address create an appealing setting for this dual-key apartment within Southern Cross Atrium Apartments. Combining a self-contained one-bedroom apartment with a separate studio with a shared foyer, the property offers flexibility for holiday letting, with the ability to accommodate guests separately or together. The one-bedroom apartment features an open-plan living area flowing to a private balcony, while the studio provides its own bathroom, kitchenette and balcony. The practical configuration gives investors two accommodation options within the one property. With shops, dining and city attractions close by, the complex provides a convenient base for visitors exploring Cairns and the surrounding region. Onsite holiday letting management is available for those seeking a managed investment. - Income FY 25/26 $53,832 - Body corporate fees approx $7,459p/a - Council rates approx $3,500p/a - Dual-key configuration with a one-bedroom apartment and adjoining studio - Flexible layout allowing separate or combined guest accommodation - Open-plan living extending to a private balcony - Studio with its own bathroom and balcony access - Holiday accommodation only complex - Onsite holiday letting management available - Multiple resort-style pools and landscaped tropical gardens

Features

2 bedrooms
2 bathrooms
90 m² lot size
Apartment

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 23 reviews in Cairns City over the last 12 months.

Local market activity for 2 bedroom apartments in Cairns City

In the last 12 months, 35 two-bedroom apartments similar to 1117-1118/3 Water Street, have been sold.

This represents a 2% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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