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Back 345/175 Lake Street
Off Market

345/175 Lake Street

Cairns City QLD 4870

1
1
Apartment
Last sold for $325,000
Michelle ChampionMichelle Champion, last sold this property on 12 February 2026 after 13 days on market.

Overview

Fully Furnished High Yielding Investment

DISTINCT Whether you're looking for a stylish holiday retreat or a savvy inner-city investment, this one-bedroom apartment in the Cascade Gardens complex is ideal. Residents enjoy beautifully landscaped gardens, a refreshing pool, secure parking, and the peace of mind of a 24/7 onsite manager. Perfectly positioned in the heart of the city, Cascade Gardens is just moments from cafes, restaurants, shops, and cultural attractions, with excellent public transport links. For investors, this property offers strong rental potential in a highly sought-after location, making it a smart addition to any portfolio. THE FACTS Well-appointed, fully furnished one-bedroom apartment Spacious, fully air-conditioned open-plan living and dining Western-facing balcony with views over the Macalister Range Modern kitchen with servery Large bedroom with built-in robes Bathroom with separate laundry Build year: 1980 Council rates: Approx. $3,200 per year Body corporate: Approx. $5297 / year Income statements available upon request These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property's potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs. Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Cairns City over the last 12 months, the estimated median property value of 345/175 Lake Street is $548.65k.

Median value
$548.65k
Estimated value range
$215k - $660k
Median days on market
48
Estimated value trend
49%
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 345/175 Lake Street

2026
Sold
$325,000
Private Sale/Treaty on 12 Feb 2026 by Michelle Champion, of Champions In Real Estate

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, 15 one-bedroom apartments similar to 345/175 Lake Street, have been sold.

This represents a 13% increase in one-bedroom apartments 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 City

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Claudio Di Bartolomeo

Claudio Di Bartolomeo is an award winning recommended agent for Cairns City.  They have 8 local sales and collected 9 local reviews across the last 12 months.

  •   5   (235 reviews)
  •  9 Reviews in Cairns City
  •  8 Sales in Cairns City
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns City.  They have 21 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  6 Reviews in Cairns City
  •  21 Sales in Cairns City
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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)
  •  6 Reviews in Cairns City
  •  3 Sales in Cairns City
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Kaz Hartley

Sellers who recommend Kaz Hartley have praised them for being local expert, clear communication, reliable, well-prepared, honest, supportive and dedicated

  •   4.9   (69 reviews)
  •  7 Reviews in Cairns City
  •  12 Sales in Cairns City
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