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Back 116/331 Lake Street
Off Market

116/331 Lake Street

Cairns North QLD 4870

2
2
1
134 m²
Unit
Last sold for $585,000
Tim LyonTim Lyon, last sold this property on 10 June 2026 after -27 days on market.

Overview

RENOVATED APARTMENT WITH ALL THE LIFESTYLE CONVENIENCES YOU COULD WANT

Welcome to a fully renovated home with nothing left to do but move in. Welcome to a second to none location with the Esplanade at your doorstep. Welcome to convenient city fringe living in a complex overflowing with amenities. Welcome to apartment 116 in the ever popular and incredibly versatile, Edge Apartments. With its spacious floor plan, soothing colour palette and easy through breezes, every room feels welcoming and serene. The open-plan layout flows effortlessly onto a large covered patio, perfect for entertaining, relaxing, or simply enjoying. Nestled in a prime location, you're just a short stroll from vibrant cafes, boutique shopping, and other lifestyle amenities, offering convenience and charm at your doorstep. Features we love; - Large open-plan living area with an airy feel - Large, functional, fully renovated kitchen with plenty of bench and storage space - Generous covered patio for year-round outdoor enjoyment - Impeccably maintained with modern finishes and numerous updates throughout - Tiled main living areas for easy maintenance and new carpet in both bedrooms - Split system air-conditioning throughout - 2 generous bedrooms with built in robes - Main bedroom with direct access to the balcony and a renovated ensuite - Fully repainted throughout - 1st floor location with lift access - Just one street from the Esplanade and lifestyle hotspots - 2 pools in complex, one with covered BBQ area and shade-cloth - Secure complex with gated entry and secure underground parking - Underground parking with additional storage cage The Figures; - Built in 2007 - 134 m2 on title - Body corp fees: $13,053 per year - Council rates: $3,250 approx per year - Rental appraisal: $650 plus per week - 95 in complex Whether you're seeking a peaceful retreat or a home to complement your active lifestyle, this apartment has it all. For all enquiries or to arrange an inspection, contact Tim Lyon on 0400 355 706 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

2 bedrooms
2 bathrooms
1 carspace
1 open car space
134 m² lot size
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 116/331 Lake Street is $445k.

Median value
$445k
Estimated value range
$245k - $810k
Median days on market
34
Estimated value trend
16%
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 116/331 Lake Street

2026
Sold
$585,000
10 Jun 2026 by Tim Lyon, of Twomey Schriber Property Group

Happy sellers in Cairns North

98%
98% 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 43 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 57 two-bedroom units similar to 116/331 Lake Street, have been sold.

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

Nearby agents

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

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Tim Lyon

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

  •   5   (384 reviews)
  •  28 Reviews in Cairns North
  •  22 Sales in Cairns North
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Zoe Wicks

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

  •   4.9   (250 reviews)
  •  9 Reviews in Cairns North
  •  7 Sales in Cairns North
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North.  They have 21 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (219 reviews)
  •  4 Reviews in Cairns North
  •  21 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

  •   4.9   (161 reviews)
  •  6 Reviews in Cairns North
  •  5 Sales in Cairns North
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