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Back 3/247 Sheridan St
Off Market

3/247 Sheridan St

Cairns North QLD 4870

1
1
1
66 m²
Unit
Last sold for $250,000
Natasha Whalley-ThompsonNatasha Whalley-Thompson, last sold this property on 18 September 2025 after 29 days on market.

Overview

Ground Floor Apartment | CBD Fringe Convenience - Cash Cow!!!!

Perfectly positioned within a neat and secure complex of just 14 residences, this ground-floor apartment presents an excellent opportunity for both investors and owner-occupiers alike. Offering vacant possession or the option to continue with a strong tenancy, the property provides flexibility and future potential. Of solid construction and a practical layout, the combined living and dining area flows seamlessly into the kitchen, while the generous bedroom includes a walk-in robe and air-conditioning for year-round comfort. With scope to refresh and add value, this is a prime opportunity to secure an affordable entry into the sought-after Cairns North market, only minutes from the CBD, Cairns Base Hospital, the Esplanade, and the airport. Property Features: • One-bedroom apartment • Spacious bedroom with walk-in robe and split-system air-conditioning • Functional kitchen and combined living/dining area • Secure, gated complex with carport on title • Two-street access with separate pedestrian entry • Live-in, lock-up, or investment potential Additional Details: Body Corporate Fees: approx. $2,697 per annum Rental Appraisal: $375 - $395 per week Currently Tenanted: Until Jan 2026 at $375 per week Council Rates: approx. $1,670 per half yearly This is the perfect set-and-forget investment or a fantastic opportunity to live in and update at your leisure in one of Cairns' most convenient city-fringe locations. Combining lifestyle, convenience, and affordability, contact Natasha on 0487 154 973 to avoid disappointment. Please note that a minimum of 48 hours' notice is required for inspections due to the existing tenancy agreement.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
66 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Cairns North over the last 12 months, the estimated median property value of 3/247 Sheridan St is $320.5k.

Median value
$320.5k
Estimated value range
$115k - $490k
Median days on market
31
Estimated value trend
26%
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 3/247 Sheridan St

2025
Sold
$250,000
18 Sep 2025 by Natasha Whalley-Thompson, of Ray White Cairns
2025
Rented
Undisclosed
Leased on 07 Jul 2025 by Ray White Cairns
2025
Rented
Undisclosed
Leased on 06 Jul 2025 by Ray White Cairns

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 1 bedroom units in Cairns North

In the last 12 months, 19 one-bedroom units similar to 3/247 Sheridan St, have been sold.

This represents a 19% increase in one-bedroom units 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
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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)
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North.  They have 23 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  6 Reviews in Cairns North
  •  23 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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