Back 218/1 Marlin Parade
Off Market

218/1 Marlin Parade

Cairns City QLD 4870

1
1
64 m²
Apartment
Last sold for $550,000
Naomi ScowcroftNaomi Scowcroft, last sold this property on 27 August 2025 after 187 days on market.

Overview

LUXURY WATERFRONT INVESTMENT WITH EXCEPTIONAL RETURNS

Located in one of the most sought-after positions in Cairns, this beautifully refurbished 1-bedroom apartment in the prestigious Harbour Lights offers an exceptional opportunity for investors seeking strong rental yields and long-term capital growth. With a gross rental return of approximately $64,000 anually, and high appeal for both long-term and short-term tenants, this property is a smart addition to any portfolio. Spanning 64m² on the second level, this fully furnished apartment enjoys a prized south-easterly aspect, capturing uninterrupted water views over Trinity Inlet and stunning sunrises from your very own private balcony. Whether leased permanently or offered as a luxury short-term stay, its position and presentation will ensure consistent occupancy and impressive income. KEY INVESTMENT APPEAL: • Gross return approx. $64,000 p.a. • Long-term rental appraisal: $600/week • High demand for short-term accommodation in prime waterfront locations • Situated in a tourism and lifestyle hotspot, with limited comparable properties Cairns is currently undergoing a surge in buyer demand, fuelled by infrastructure growth, tourism momentum, and its continued emergence as a lifestyle destination. With limited waterfront stock and Harbour Lights being a rare absolute waterfront development, this apartment is ideally positioned for ongoing growth and strong rental performance. PROPERTY HIGHLIGHTS: • Recently refurbished with hybrid Black-Butt flooring, new furnishings, and fresh paint throughout • Fully furnished and move-in ready – ideal for investors seeking hassle-free returns • Spacious king-size bedroom with mirrored built-ins and wall-mounted TV • Modern two-way bathroom with full tiling and quality fixtures • Internal laundry with washer, dryer, and storage • Ducted air conditioning throughout for year-round comfort • Private balcony with spectacular water views • Access to resort-style facilities: pool, sauna, BBQ area and gym • Pet-friendly complex • Body Corporate: approx. $7,808 p.a. • Council Rates: approx. $3,000 p.a LOCATION PERFECTION: Set in the heart of the city and footsteps from the Esplanade, Marina, restaurants, coffee spots, and the Casino — this address guarantees strong year-round demand. The apartment also sits within a sought-after school catchment, further broadening its appeal to executive tenants and professionals relocating with families. LIVE, INVEST, OR BOTH Whether you’re looking for a high-performing investment, a stylish city escape, or a low-maintenance waterfront home, this Harbour Lights gem delivers on all fronts. Seize the opportunity — properties in this building are tightly held for good reason. Contact Naomi today to inspect !

Features

1 bedroom
1 bathroom
64 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Cairns City over the last 12 months, the estimated median property value of 218/1 Marlin Parade is $548.65k.

Median value
$548.65k
Estimated value range
$215k - $660k
Median days on market
48
Estimated value trend
49%
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 218/1 Marlin Parade

2025
Sold
$550,000
27 Aug 2025 by Naomi Scowcroft, of Cairns Property Office City

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 1 bedroom apartments in Cairns City

In the last 12 months, 16 one-bedroom apartments similar to 218/1 Marlin Parade, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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