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349/175 Lake St

Cairns City QLD 4870

1
1
52 m²
Apartment
Currently for sale - view listing

Overview

FURNISHED CAIRNS CITY APARTMENT | HOLIDAY LET OPPORTUNITY

Looking for a furnished investment close to the Cairns waterfront? Set within Cascade Gardens, this one-bedroom apartment puts guests within walking distance of the Esplanade, restaurants, cafés, Cairns Hospital and Munro Martin Parklands. Currently operating as a holiday let, the apartment offers a furnished starting point for buyers seeking a Cairns City short-stay property. Inside, you'll find an air-conditioned bedroom, bathroom and living area, with a private balcony providing space to step outside and enjoy the tropical setting. The complex also offers a swimming pool and BBQ area. What buyers will appreciate: *Furnished one-bedroom apartment with private balcony *Approximately 52 m² in total *Air conditioning and built-in wardrobe *Currently operating as a holiday let *Swimming pool and BBQ area within Cascade Gardens *Walkable Cairns City location close to the Esplanade Investment Details: *Estimated gross return: approximately $42,000 per annum *Council rates: approximately $3,200 per annum * Body corporate: approximately $7,223 per annum Whether you are looking for a low-maintenance investment, a CBD base, or an entry point into the Cairns property market, this apartment represents an excellent opportunity in a sought-after inner-city location. Contact us today to arrange your inspection. **Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. The website may have filtered the property into a price bracket for website functionality purposes that does not reflect the actual price bracket.

Features

1 bedroom
1 bathroom
52 m² lot size
Apartment

Property history for 349/175 Lake St

2024
Sold
$179,000
10 Mar 2024 by Claudio Di Bartolomeo, of Freemans Residential
2022
Sold
$140,000
24 Feb 2022 by Jade Kilpatrick, of 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 23 reviews in Cairns City over the last 12 months.

Local market activity for 1 bedroom apartments in Cairns City

In the last 12 months, 14 one-bedroom apartments similar to 349/175 Lake St, have been sold.

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

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