Back 121/58 Ardisia Street
Off Market

121/58 Ardisia Street

Smithfield QLD 4878

2
2
1
84 m²
Apartment
Last sold for $451,000
Shane DennisShane Dennis, last sold this property on 20 October 2026 after 75 days on market.

Overview

Set and forget investment

Positioned in the highly sought-after The Beaches Luxury Apartments, this ground floor apartment presents the perfect opportunity for investors seeking strong returns and long-term security. Located just a 5-minute walk to James Cook University (JCU), the complex is exceptionally popular with international students and university staff, ensuring consistent tenant demand. Currently leased until August 2027 at $570 per week, this is a genuine set-and-forget investment with immediate income from day one. Inside, the spacious two bed & two bath apartment has been tastefully refreshed with new carpets and upgraded kitchen appliances, leaving absolutely nothing to spend. Simply purchase and enjoy the returns. Open your balcony doors and have direct access to the resort style pools. Residents enjoy access to an outstanding range of resort-style facilities including: Three swimming pools Fully equipped gymnasium Tennis court BBQ and entertaining areas Secure, professionally managed complex The location is equally impressive. Walk to the local shopping centre, cafes and everyday conveniences, while enjoying easy access to everything Cairns has to offer. You're just 20 minutes from Cairns CBD and the International Airport, and only 10 minutes to the stunning Northern Beaches, including Palm Cove, Trinity Beach and Clifton Beach. Whether you're looking to expand your investment portfolio or secure a quality property in one of Cairns' strongest rental locations, this outstanding apartment deserves your inspection. The numbers that matter: - BC fees approx. $6200pa - Council rates approx. $3500pa - Rental Income $570pw - Rental appraisal $600-$630pw - Leased until Aug '27

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
84 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Smithfield over the last 12 months, the estimated median property value of 121/58 Ardisia Street is $512.5k.

Median value
$512.5k
Estimated value range
$451k - $520k
Median days on market
48
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Smithfield. 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 121/58 Ardisia Street

2026
Sold
$451,000
20 Oct 2026 by Shane Dennis, of Ray White Cairns Beaches

Happy sellers in Smithfield

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

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

This is based on voluntary sentiment collected from 19 reviews in Smithfield over the last 12 months.

Local market activity for 2 bedroom apartments in Smithfield

In the last 12 months, 3 two-bedroom apartments similar to 121/58 Ardisia Street, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

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