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Back 2/187 Lake St
Off Market

2/187 Lake St

Cairns City QLD 4870

2
1
1
Unit
Leveaux GartnerLeveaux Gartner, last sold this property on 06 May 2021 after 435 days on market.

Overview

GREAT LOCATION CLOSE TO HOSPITAL/ESPLANADE

This part furnished ground floor residential unit is located close to the city in a small complex of 8 with a large in ground pool. This is a fantastic and affordable inner city lifestyle or investment. The apartment has 2 bedrooms 1 bathroom and is tiled throughout. Includes, dishwasher, air conditioning, a new 8.5kg washer dryer combo ; security screens and a covered carport and lock up security gate. So close to all that Cairns has to offer, walk to everything, shops, Esplanade, restaurants and city night spots. This would be an ideal unit for a hospital worker as its walking distance; and no need to look for a parking spot. The unit is currently vacant but would rent out at $330 - $340p.w. Also with its central location it would make a great AirBnB. Body corporate fees are $4,482 per year.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cairns City over the last 12 months, the estimated median property value of 2/187 Lake St is $650k.

Median value
$650k
Estimated value range
$290.5k - $880k
Median days on market
70
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cairns City. 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 2/187 Lake St

2023
Rented
Undisclosed
Leased on 08 Jun 2023 by Ray White Cairns
2023
Rented
Undisclosed
Leased on 08 Jun 2023 by Ray White Cairns Beaches
2021
Rented
Undisclosed
Leased on 18 Jun 2021 by Ray White Cairns

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 units in Cairns City

In the last 12 months, 19 two-bedroom units similar to 2/187 Lake St, have been sold.

This represents a 5% 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 City

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Claudio Di Bartolomeo

Claudio Di Bartolomeo is an award winning recommended agent for Cairns City.  They have 8 local sales and collected 9 local reviews across the last 12 months.

  •   5   (235 reviews)
  •  9 Reviews in Cairns City
  •  8 Sales in Cairns City
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns City.  They have 22 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  6 Reviews in Cairns City
  •  22 Sales in Cairns City
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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)
  •  6 Reviews in Cairns City
  •  3 Sales in Cairns City
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Kaz Hartley

Sellers who recommend Kaz Hartley have praised them for being local expert, clear communication, reliable, well-prepared, honest, supportive and dedicated

  •   4.9   (69 reviews)
  •  7 Reviews in Cairns City
  •  11 Sales in Cairns City
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