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Back 135/166 Lake St
Off Market

135/166 Lake St

Cairns North QLD 4870

2
2
2
96 m²
Unit
Last sold for $507,680
Zoe WicksZoe Wicks, last sold this property on 08 January 2026 after 43 days on market.

Overview

Live In One, Rent Out the Other – Dual-Key Esplanade Precinct Apartment with City & Mountain Views

Experience the best of tropical city living in this bright third-floor dual-key apartment, perfectly positioned in the sought-after Esplanade precinct, just one street back from the waterfront. Enjoy flexible living and income options - live in one side and rent out the other, lease both long-term, or holiday-let/Airbnb for additional returns. Renting out the studio can comfortably cover your outgoings, giving you lifestyle freedom and investment confidence in one smart package. The one-bedroom apartment features a kitchen, open-plan lounge and dining area, and two balconies capturing beautiful and mountain views - the perfect place to unwind and enjoy stunning tropical sunsets. The bedroom includes ensuite with built-in robes integrated laundry. The adjoining studio offers a kitchenette, combined bedroom/lounge/dining area, balcony, and bathroom - ideal for guests, extended family, or additional rental income. A coin-operated laundry is located downstairs for added convenience. Fully air-conditioned with ceiling fans throughout, the property comes partly furnished with only a few personal touches needed to make it ready for you or your tenants. The complex provides resort-style facilities including a lap pool, two tennis courts, restaurant/bar/café, lift access, and secure undercover parking for two cars - all surrounded by lush tropical gardens. Pet-friendly (subject to Body Corporate approval), adjacent to the Cairns Hospital, and only a short stroll to cafés, restaurants, and the Cairns Esplanade, this apartment offers an outstanding combination of lifestyle, location, and income potential - perfectly suited to medical professionals, investors, or owner-occupiers seeking easy tropical living. Rental Estimate – Studio: $400 – $430 per week approx Rental Estimate – 1 Bedroom: $460 – $490 per week approx Body Corporate Fees: $12,100 per annum approx Council Rates: $2,900 per annum approx This property is zoned Specialised Centre. The two parking spaces are not on title and not allocated-parking operates on a first-in, best-dressed basis. Buyers are strongly encouraged to conduct their own due diligence regarding zoning, parking arrangements, and all other relevant matters. 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
2 carspaces
2 open car spaces
96 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 135/166 Lake St is $445k.

Median value
$445k
Estimated value range
$235k - $810k
Median days on market
33
Estimated value trend
24%
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 135/166 Lake St

2026
Sold
$507,680
08 Jan 2026 by Zoe Wicks, of Twomey Schriber Property Group
2023
Sold
$308,000
13 Apr 2023 by Zoe Wicks, of Twomey Schriber Property Group
2021
Sold
$310,000
02 Dec 2021 by Zoe Wicks, of @realty - QLD

Happy sellers in Cairns North

97%
97% 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 48 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 135/166 Lake St, have been sold.

This represents a 10% 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)
  •  32 Reviews in Cairns North
  •  25 Sales in Cairns North
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Zoe Wicks

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

  •   4.9   (243 reviews)
  •  10 Reviews in Cairns North
  •  8 Sales in Cairns North
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North.  They have 23 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  4 Reviews in Cairns North
  •  23 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   (159 reviews)
  •  6 Reviews in Cairns North
  •  6 Sales in Cairns North
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