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Back 29/327 Lake Street
Off Market

29/327 Lake Street

Cairns North QLD 4870

2
1
1
108 m²
Apartment
Last sold for $465,000
Tim LyonTim Lyon, last sold this property on 23 November 2025 after -26 days on market.

Overview

**Sold by Tim Lyon direct to a buyer on our extensive database prior to launching online. **

PACKED WITH VALUE Welcome to a supremely versatile property, astutely positioned just one street from the Cairns Esplanade. Welcome to an address where lifestyle meets supreme value. Welcome to Bayside City *inspections strictly by appointment* Keenly positioned on the 1st floor, apartment 29 showcases a perfect example of a property built to stand the test of time. In mostly original condition, the apartment is completely serviceable in an as is condition, but leaves scope for a new owners vision should they wish to capitalise on the blank canvas before them. A quaint floor plan that wastes no excess space, these apartments are wonderfully low maintenance, incredibly economical to upgrade and offer the opportunity for a supremely convenient lifestyle, without breaking the bank. Features we love; - Fully tiled throughout - Brand new split system air-conditioning - Open Plan living & dining space - Living area opens directly out to main balcony - Both bedrooms feature built-in wardrobes - Large outdoor balcony, great for entertaining - Internal Laundry - Seperate Lock-up garage space - Bullet proof, block construction - 2x Sparkling in-ground pools in complex - One street back from the Esplanade - Just a 5 minute drive to Cairns CBD The Figures; - Currently leased for $500 per week - Council rates approx $3250 per annum - Super cheap strata at just $4,000 approx per annum - Built 1994 - 50 apartments in the complex These apartments rarely make it to the market. With one of the cheapest body corporates in town, seperate and secure lockup garages and a standout location, it's easy to see why. For the investors - Returns as solid as the concrete walls the property boasts, Bayside City has always received high longterm tenancy demand. If higher yields are more your flavour, the complex receives stellar demand on the short term market thanks to its terrific location, sparkling pools and simple yet elegant floor plans, all without extortionate body corporate levies eating into your returns! For more information about the sale, or if you have any questions about selling your property, please contact Tim Lyon on 0400 355 706. *please note, the photos pictured are strictly indicative only. While every effort has been made to reflect the current condition of the property, to maintain the privacy of the tenants example photos have been used* 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
1 bathroom
1 carspace
1 open car space
108 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cairns North over the last 12 months, the estimated median property value of 29/327 Lake Street is $475k.

Median value
$475k
Estimated value range
$192k - $901k
Median days on market
35
Estimated value trend
5%
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 29/327 Lake Street

2025
Sold
$465,000
23 Nov 2025 by Tim Lyon, 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 49 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom apartments in Cairns North

In the last 12 months, 50 two-bedroom apartments similar to 29/327 Lake Street, have been sold.

This represents a 30% increase in two-bedroom apartments 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 North

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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)
  •  32 Reviews in Cairns North
  •  25 Sales in Cairns North
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Zoe Wicks

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

  •   4.9   (243 reviews)
  •  10 Reviews in Cairns North
  •  8 Sales in Cairns North
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North.  They have 22 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  5 Reviews in Cairns North
  •  22 Sales in Cairns North
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Tim Winborn-Sharp

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

  •   4.9   (159 reviews)
  •  6 Reviews in Cairns North
  •  6 Sales in Cairns North
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