Back 3/282 Lake Street
Off Market

3/282 Lake Street

Cairns North QLD 4870

2
1
1
92 m²
Unit
Last sold for $450,000
Natasha Whalley-ThompsonNatasha Whalley-Thompson, last sold this property on 23 March 2026 after 26 days on market.

Overview

Inner-City Living at its Best - Move in Ready!!

This is the perfect first step onto the property ladder, where all the hard work has already been done. A beautifully refurbished inner-city apartment, ready and waiting for an entry-level buyer to secure their very first home with confidence. This fresh light, bright & stylish two-bedroom apartment offers effortless living in a prime position that truly speaks for itself. Vacant and ready for immediate move-in, it is the kind of home that instantly feels right the moment you walk through the door. Set on the first floor of a boutique complex, this residence delivers security, privacy and low-maintenance ease, making it perfect for first-home buyers, downsizers craving simplicity, or savvy investors seeking strong returns in a blue-chip location. This location? Right in the heart of the city, at this price point, is simply unbeatable. Just a short stroll to the Esplanade, Cairns Hospital, cafés, restaurants and all the best of what Cairns has on offer. It is, without question, perfectly positioned. Property Highlights: • Open planned, 92m2 first floor apartment • Light-filled open-plan living and dining • Private balcony off the living plus a second balcony off the master bedroom • Well-appointed kitchen with ample storage • Two generous bedrooms • Air conditioning • Modern bathroom with walk-in shower • Rare external laundry with valuable extra storage space • Dedicated car accommodation with additional off-street parking For Investors: • Rental Appraisal: $550 to $580 per week • Council Rates: Approx. $1,700 per half yearly • Body Corporate: Approx. $5,332 per annum • Sellers Disclosure Statement available upon request • Fantastic potential for Airbnb in this high-demand location • Active Body Corporate, with a the roof recently replaced in November Whether you are ready to move straight in or secure a smart investment in a thriving inner-city pocket, this property delivers lifestyle, location and long-term value in one irresistible package. Additional Information: • Video walkthrough available via WhatsApp • Open Homes every Saturday until SOLD Disclaimer: Furniture and décor items displayed in the images have been digitally added for illustration purposes only. These images are intended to provide an example of how the property may appear when furnished. Prospective buyers should rely on their own inspection of the property and not on the provided images. The pool area has been digitally enhanced for marketing purposes. The current condition of the pool may differ from the images shown. Prospective buyers are encouraged to inspect the property to verify its current presentation.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
92 m² lot size
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 3/282 Lake Street is $445k.

Median value
$445k
Estimated value range
$235k - $810k
Median days on market
33
Estimated value trend
24%
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 3/282 Lake Street

2026
Sold
$450,000
23 Mar 2026 by Natasha Whalley-Thompson, of Ray White Cairns
2019
Rented
Undisclosed
Leased on 11 Dec 2019 by Ray White Cairns Beaches
2019
Sold
Undisclosed
12 Jun 2019

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 48 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 57 two-bedroom units similar to 3/282 Lake 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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