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20/261 Sheridan Street

Cairns North QLD 4870

2
1
1
53 m²
59 m²
Unit
Currently for sale - view listing

Overview

Affordable Investment in Prime Cairns North Location

Located in the well-known Winston complex, this 2-bedroom unit presents an outstanding opportunity for both investors and owner-occupiers seeking value and versatility in a prime Cairns North location. Spanning approximately 59m², it's ready to move straight into or continue as a high-performing rental. Inside, you'll find a modern kitchen, two spacious bedrooms, and an open-plan living and dining area that flows seamlessly onto a private balcony. The main bedroom also enjoys its own private balcony. Currently tenanted at $480 per week, this property offers immediate rental income with flexibility for long-term or short-term letting (subject to approvals). Residents of the complex enjoy access to a swimming pool, communal laundry, and rear car parking with access via McLeod Street. Secure pedestrian access is also available via Sheridan Street. - Open-plan living and dining - Two private balconies - Communal pool and laundry - Secure complex with dual access - Currently tenanted at $480 per week, until 07/07/2026 - Body corporate levies - Approx. $15,933 p/a A low-maintenance property in a central location close to the CBD, Esplanade, hospital, and local amenities, this is an opportunity not to be missed.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
53 m² floor area
59 m² lot size
Unit

Property history for 20/261 Sheridan Street

2025
Rented
Undisclosed
Leased on 03 Jul 2025 by Cairns Property Office City
2022
Rented
Undisclosed
Leased on 28 Aug 2022 by Cairns Property Office City
2022
Sold
Undisclosed
23 Jun 2022 by Peter Hanrahan, of Cairns Property Office City

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, 60 two-bedroom units similar to 20/261 Sheridan Street, have been sold.

This represents a 10% increase in two-bedroom units sales when compared to the previous 12 months.

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