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349/175 Lake St

Cairns City QLD 4870

1
1
52 m²
Apartment
Currently for sale - view listing

Overview

HOLIDAY APPEAL. CITY CONVENIENCE. INVESTMENT POTENTIAL.

Morning walks along the Esplanade, coffee around the corner and an afternoon beside the pool-this is the Cairns experience your next investment could offer. Positioned within Cascade Gardens, this furnished one-bedroom apartment combines a walkable city location with the comforts guests appreciate. Already operating as holiday accommodation, it offers a separate bedroom, living area and private balcony, with approximately 52m² in total. For investors, the appeal is easy to understand: included furnishings, holiday facilities and restaurants, cafés and waterfront attractions close by. Property features: *Separate bedroom with built-in wardrobe *Living area and private balcony *Furnished and air-conditioned *Approximately 52 m2; total area *Currently operating as holiday accommodation *Complex swimming pool and BBQ area *Convenient access to the Esplanade and city amenities Investment Details: *Estimated gross return: approximately $42,000 per annum *Council rates: approximately $3,500 per annum *Body corporate: approximately $7,000 per annum *Water rates: approximately $220 per annum For buyers considering a Cairns short-stay investment, this apartment brings together a practical layout, included furnishings and a central 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 19 reviews in Cairns City over the last 12 months.

Local market activity for 1 bedroom apartments in Cairns City

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

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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