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Back 14/186 Lake St
Off Market

14/186 Lake St

Cairns North QLD 4870

2
1
1
84 m²
Unit
Last sold for $389,000
Zoe WicksZoe Wicks, last sold this property on 07 January 2026 after 36 days on market.

Overview

Blue-Chip Esplanade Precinct Investment – Long Lease ROI 6% + Airbnb Potential

Positioned right next door to the Cairns Base Hospital and just around the corner from the Cairns Esplanade, this apartment is located in one of the most tightly held and consistently high-demand pockets of Cairns. With cafés, transport links, the Esplanade, and major employment hubs all within metres, this is blue-chip inner-city living at its best. Constructed from solid concrete block and finished with durable vinyl flooring, the property is perfectly suited to investors seeking a low-maintenance, tenant-friendly home in a premium location. Currently leased to long-term tenants at $450 per week until 28 September 2026. Zoned Tourist Accommodation, there is also potential for Airbnb/short-stay letting in this prime holiday location. The layout offers practical everyday living, featuring an open-plan lounge and dining area flowing onto the balcony, a functional kitchen, bathroom, and internal laundry. Both bedrooms include built-in wardrobes, with split-system air-conditioning and ceiling fans throughout. The complex includes an undercover carport and a swimming pool. Current Fixed Lease: $450 per week to 28.09.2026 Council Rates: $3,200 per annum approx Body Corporate Fees: $7,900 per annum approx Sinking Fund Balance: $156,000 approx 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
1 bathroom
1 carspace
1 carport space
84 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 14/186 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 14/186 Lake St

2026
Sold
$389,000
Private Sale/Treaty on 07 Jan 2026 by Zoe Wicks, of Twomey Schriber Property Group
2024
Rented
Undisclosed
Leased on 16 Sep 2024 by Twomey Schriber Property Group
2024
Rented
Undisclosed
Leased on 08 May 2024 by Twomey Schriber Property Group

Happy sellers in Cairns North

96%
96% 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 49 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 59 two-bedroom units similar to 14/186 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 6 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  6 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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