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305/71 Lake Street

Cairns City QLD 4870

1
1
1
Apartment
Currently for sale - view listing

Overview

Prime City Investment - High-Yield Holiday Apartment

Positioned in the heart of the city, this well-appointed 1-bedroom, 1-bathroom apartment presents an outstanding opportunity for savvy investors seeking strong returns and consistent occupancy. Currently operating as a successful short-term holiday rental, this property delivers an impressive turnover and is perfectly suited for Airbnb or holiday letting. With high demand from both business and leisure travelers, it offers immediate income potential from day one. The apartment features a modern layout, a private balcony with stunning city views, and access to a resort-style pool, making it highly appealing to guests year-round. Located within a secure complex with underground parking, it provides both comfort and convenience in a premium urban setting. Key Features: - 1 spacious bedroom, 1 modern bathroom - Secure underground parking - Private balcony with city views - Resort-style pool within the complex - Proven high-performing short-term rental - Strong occupancy and turnover rates - Positioned in a prime CBD location Whether you’re expanding your portfolio or entering the short-term rental market, this is a rare chance to secure a low-maintenance, high-demand investment in a blue-chip location. $9,972.00 - Body corp. fees inclusive of electricity and water Rates - $3200.00

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
Apartment

Property history for 305/71 Lake Street

2026
Rented
Undisclosed
Leased on 26 Mar 2026 by Freemans Residential

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 305/71 Lake Street, have been sold.

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

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