Back 208/331 Lake Street
Off Market

208/331 Lake Street

Cairns North QLD 4870

2
2
1
135 m²
Unit
Tim LyonTim Lyon, last sold this property on 22 June 2026 after 31 days on market.

Overview

WATER VIEWS & ESPLANADE CONVENIENCES, WITHOUT THE PRICE

Boasting exceptional positioning that captures the morning sun, cool sea breezes all while maintaining an unparalleled level of privacy. Welcome to apartment 208 in the ever popular, Edge Apartments. Commanding one of the best positions in the development and some unique characteristics that elevate this floor plan over many others, this easy living apartment is filled with potential. **Inspections strictly by appointment** Features we love - Larger than standard floorpan with a few highly functional changes - Ocean glimpses through tropical Esplanade garden views - Sought after aspect, making the most of the morning sun and easterly breezes - Large balcony with pool views, perfect for entertaining - 2 large rooms w/ built in robes and split system aircon - Low maintenance tiled floors in the living areas - 2nd floor location with lift access - New carpets in bedrooms - Just 1 street back from the Esplanade - Safe, gated complex with dedicated onsite management - Secure, underground parking with storage cage - Sellers willing to repaint prior to settlement, allowing you to move in to a fresh home The Figures - Rental potential: $650 to $700 per week - Body corp fees: $13,053 per year - Council rates: $3,250 approx per year - 95 in complex - Built in 2009 The Edge apartments, has always been one the addresses that have always represented fantastic affordability and value for the location. Image being and having Esplanade and Ocean views, while being 60 seconds on foot to the water front, anywhere else for this price point. A rocks toss from dining options, close proximity to walking tracks, shopping and entertainment, the location on offer is undoubtedly a superb opportunity. With desirable complex amenities and a floor plan that just works, its no wonder that there hasn't been a 2 bedroom apartment come available within this complex in over 6 months. For all enquiries, contact Tim Lyon on 0400 355 706. **Inspections strictly by appointment** 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
135 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 208/331 Lake Street is $450k.

Median value
$450k
Estimated value range
$245k - $810k
Median days on market
35
Estimated value trend
17%
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 208/331 Lake Street

2026
Sold
Undisclosed
22 Jun 2026 by Tim Lyon, of Twomey Schriber Property Group

Happy sellers in Cairns North

97%
97% 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 37 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 52 two-bedroom units similar to 208/331 Lake Street, have been sold.

This represents a 15% increase in two-bedroom units sales when compared to the previous 12 months.

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