206/331 Lake Street

Off Market

206/331 Lake Street

Cairns North QLD 4870

153 m²

Unit

Last sold for $580,000

Karl Latham, last sold this property on 06 September 2026 after 74 days on market.

Overview

Coastal Lifestyle, Ocean Glimpses & Esplanade Convenience

Positioned just moments from the Cairns Esplanade, this spacious and immaculately presented apartment offers the perfect combination of lifestyle, comfort and investment appeal. Capturing cooling sea breezes and ocean glimpses from its oversized balcony, this fully furnished residence is ideal for owner-occupiers, holidaymakers or savvy investors seeking a low-maintenance coastal property in a prime Cairns North location. Features You'll Love: -Two generous bedrooms with built-in wardrobes -Two well-appointed bathrooms, ideal for guests or shared living -Light-filled open plan living and dining area -Expansive balcony with aluminium shutters, perfect for year-round entertaining -Ocean glimpses and refreshing coastal breezes -Fully furnished and ready to enjoy or lease immediately -Secure complex with undercover parking -Immaculately maintained throughout with nothing to do -Currently operating as a successful holiday let The Location: Enjoy the ultimate tropical lifestyle with the Cairns Esplanade, waterfront dining, cafes, parklands and the CBD all within easy reach. Whether you're looking for a permanent residence, holiday escape or investment opportunity, this is a chance to secure an enviable coastal lifestyle at an affordable price point. FACTS & FIGURES: -Current Rental Appraisal: $660 to $690 per week -Body Corporate Fees: $13,053 per year -Council Rates: $3,267 per year A fantastic opportunity to enjoy the best of Cairns North living with space, style and convenience at your doorstep. 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

1 carspace

1 open car space

153 m² lot size

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 206/331 Lake Street is $450k.

Median value

$450k

Estimated value range

$245k - $810k

Median days on market

Estimated value trend

10%

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 206/331 Lake Street

2026

Sold

$580,000

06 Sep 2026 by Karl Latham, of 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 41 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 53 two-bedroom units similar to 206/331 Lake Street, have been sold.

This represents a 27% increase in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Cairns North for a free market appraisal.

Tim Lyon

at Twomey Schriber Property Group

(385 reviews)

Get a free market appraisal

Zoe Wicks

at Twomey Schriber Property Group

4.9

(263 reviews)

Get a free market appraisal

Kaine Rowe

at Belle Property Cairns

4.9

(223 reviews)

Get a free market appraisal

Tim Winborn-Sharp

at Twomey Schriber Property Group

4.9

(167 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cairns North

Tim Lyon

Sellers who recommend Tim Lyon have praised them for being clear communication, local expert, responsive, supportive, reliable, well-prepared and honest

5 (385 reviews)
15 Reviews in Cairns North
18 Sales in Cairns North

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Zoe Wicks

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

4.9 (263 reviews)
11 Reviews in Cairns North
8 Sales in Cairns North

View profile

Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North. They have 19 local sales and collected 4 local reviews across the last 12 months.

4.9 (223 reviews)
4 Reviews in Cairns North
19 Sales in Cairns North

View profile

Tim Winborn-Sharp

Sellers who recommend Tim Winborn-Sharp have praised them for being local expert, clear communication, responsive, friendly, reliable, honest and supportive