Back 34/259 Sheridan Street
Off Market

34/259 Sheridan Street

Cairns North QLD 4870

1
1
42 m²
Unit
Last sold for $170,000
Gisele GeorgeGisele George, last sold this property on 29 October 2025 after 100 days on market.

Overview

Renovated Studio - Smart Investment with Solid Returns

Renovated and ready to perform, this top-floor studio apartment offers the perfect combination of low maintenance and high yield. Situated in a managed complex on the top floor just minutes from the Cairns CBD and the airport, it's the ideal set and forget addition to your investment portfolio. Property Highlights: • Renovated modern kitchen with overhead cupboards and a cooktop. • Laundry is built-in to the kitchen so you don't have to use the shared laundry. • Renovated stylish bathroom. • Open plan living with dining table, queen bed and built-in cupboard. • Patio overlooks the sparkling pool. • Onsite management ensures high occupancy with a fantastic contract in place. • Close to Cairns CBD, hospital, airport, and shops. Currently managed within the letting pool of the complex this property is returning just under $2000 a month. This studio is a smart and secure investment, offering consistent performance in a sought-after location. Just collect the returns and let the professionals handle the rest!

Features

1 bedroom
1 bathroom
42 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 34/259 Sheridan Street 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 34/259 Sheridan Street

2025
Sold
$170,000
Private Sale/Treaty on 29 Oct 2025 by Gisele George, of Ray White Cairns
2022
Sold
$118,000
Private Sale/Treaty on 17 Oct 2022 by Ray Murphy, of 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 34/259 Sheridan Street, have been sold.

This represents a 19% increase in one-bedroom units sales when compared to the previous 12 months.

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