Back 2/157 Grafton St
Off Market

2/157 Grafton St

Cairns City QLD 4870

2
2
1
127 m²
Townhouse
Last sold for $565,000
Karl LathamKarl Latham, last sold this property on 30 November 2025 after -39 days on market.

Overview

SUPERIOR CBD LOCATION – HOME, INVESTMENT OR HOLIDAY HAVEN!

**Sold by Karl Latham direct to a buyer on our extensive database prior to launching online. ** A Prime Property in Cairns' Cultural Heart! Step into a vibrant city lifestyle with this spacious two-level 2-bedroom, 2-bathroom townhouse, perfectly positioned within a modern resort complex - just metres from the Cairns Performing Arts Centre, Munro Martin Parklands, and Esplanade precinct. This rare property offers complete flexibility - live in, lease out long-term, or Airbnb for high returns (approx. $70,000pa). Fully furnished and council-approved for both permanent and short-term use, it's the ultimate set-and-forget investment or lock-and-leave city retreat. Location Highlights: -Enjoy the very best of Cairns right on your doorstep -Cairns Performing Arts Centre & Munro Martin Parklands -Cairns Aquarium & Lagoon swimming precinct -Esplanade dining, fitness and recreation zone -Hospitals, schools & major city amenities Resort Facilities: -Tropical landscaped gardens -Sparkling resort-style pool & spa -Outdoor BBQ entertaining area Property Features: -Two generous bedrooms with mirrored robes -Two bathrooms (master with ensuite) + 3rd toilet downstairs -Two balconies (off master and living) -Spacious open-plan living & dining -Large kitchen with granite benchtops, dishwasher & ample storage -East-facing position to capture cooling sea breezes -Split-system air conditioning throughout -Internal laundry, Wi-Fi & NBN ready -Front building location for easy access Ideal For: -Lifestyle buyers seeking a convenient central home -Savvy investors chasing strong rental or Airbnb returns -FIFO or corporate users needing a low-maintenance base Outgoings & Details: -Body Corporate: $7,208 p.a. -Council Rates: $3,266 p.a. -Year Built: 2002/03 -Lot Size: 127sqm -Complex: 24 lots

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
127 m² lot size
Townhouse

Estimated Value

We need at least 3 similar 2 bedroom townhouses sold in Cairns City over the last 12 months.

Property history for 2/157 Grafton St

2025
Sold
$565,000
30 Nov 2025 by Karl Latham, of Twomey Schriber Property Group
2020
Sold
$232,000
01 Mar 2020 by Thomas Quaid, of Quaid Real Estate

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 22 reviews in Cairns City over the last 12 months.

Local market activity for 2 bedroom townhouses in Cairns City

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