Back 3/157 Grafton Street
Off Market

3/157 Grafton Street

Cairns City QLD 4870

2
2
1
111 m²
Unit
Last sold for $560,000
Kaz HartleyKaz Hartley, last sold this property on 19 August 2025 after 39 days on market.

Overview

SUPERIOR CBD LOCATION – THE PERFECT HOME OR INVESTMENT 🔥

A PRIME PROPERTY IN CAIRNS' CULTURAL HEART! Set within a modern resort complex, just steps from the Cairns Performing Arts Centre, this is a true lifestyle and investment winner. Located in a dynamic city growth corridor, this spacious, fully furnished 2-bedroom, 2-bathroom apartment offers a rare opportunity to invest in the heart of the CBD. Whether you're seeking a low maintenance home, profitable short-term rental or a lock-and-leave holiday home, this apartment delivers on all fronts. Surrounded by Cairns' best lifestyle, cultural and medical facilities you will enjoy easy access to the very best of Cairns: Cairns Performing Arts Centre, Munro Martin Parklands, Cairns Aquarium Esplanade dining and Parklands/Exercise equipment/Beach volleyball/Muddies playground Lagoon swimming and fitness classes Hospitals, schools & key services Resort Features: Tropical landscaped gardens Sparkling resort-style pool & spa Outdoor BBQ area Reasonable body corporate fees Property Highlights: 2 generous bedrooms with triple door sliding robes 2 modern bathrooms (master with ensuite) Spacious open-plan living Large kitchen with island bench, granite countertops, dishwasher & ample storage First-floor location (one small flight of stairs/no lift) Security access and parking Carpark on title Inventory of furnishings including white goods Split-system air-conditioning throughout Internal laundry Wi-Fi & NBN ready Ideal For: Lifestyle buyers seeking a convenient central home location Short or long term rental income Event-based or corporate stays OUTGOINGS/UTILITIES/LOT DETAILS Body Corporate levies: $7,208 Council rates: $3,000 Date building registered: 2002/03 Size of lot: 111M2 incl. carpark No. of lots: 24 Contact Kaz today to inspect – 0438 324 207 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
111 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cairns City over the last 12 months, the estimated median property value of 3/157 Grafton Street is $650k.

Median value
$650k
Estimated value range
$290.5k - $880k
Median days on market
71
Estimated value trend
14%
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 3/157 Grafton Street

2025
Sold
$560,000
19 Aug 2025 by Kaz Hartley, of Twomey Schriber Property Group
2016
Sold
30 Oct 2016 by Kaz Hartley, of Elders Real Estate Cairns
2014
Sold
$230,000
13 Nov 2014 by Hannah Fuller, of Belle Property Cairns

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 2 bedroom units in Cairns City

In the last 12 months, 18 two-bedroom units similar to 3/157 Grafton 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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