Back 353/175 Lake Street
Off Market

353/175 Lake Street

Cairns City QLD 4870

1
1
52 m²
Unit
Last sold for $300,000
Kaz HartleyKaz Hartley, last sold this property on 13 September 2026 after 40 days on market.

Overview

LOCATION, LIFESTYLE, RETURNS - TOP FLOOR - CLOSE TO WATERFRONT

Experience the very best of tropical living with this stylish top-floor, one-bedroom apartment, ideally positioned in the heart of Cairns' vibrant CBD. Offering an unbeatable combination of lifestyle, location, and investment potential, this is an opportunity not to be missed. Perfectly located within walking distance of the iconic Cairns Esplanade and Lagoon, Cairns Hospitals, Cairns Aquarium, Cairns Performing Arts Centre, restaurants, cafés, shopping, and beautifully landscaped parklands, the apartment sits in one of Cairns' most sought-after tourist precincts. Currently operating under the professional onsite holiday letting management, the property delivers strong short-stay returns with excellent year-round occupancy, making it an attractive investment for both domestic and international tourism. ELEVATED CBD LIVING – PRIVACY – TURNKEY INVESTMENT • Prime top-floor position offering privacy, natural light, and elevated views • Inventory of furnishings • Open-plan living • Air conditioning to living and bedroom • Updated Kitchen • Separate laundry • Balcony capturing tropical breezes and lovely views • Resort-style swimming pool, heated with spa • Covered entertainment area with barbeque, dining area • Secure complex with security access and parking • Reasonable body corporate fees • Stair access only (no lift) UNBEATABLE LOCATION - CLOSE TO WATERFRONT, CITY CENTRE, HOSPITALS Enjoy leisurely walks to: • Esplanade boardwalk and parklands • Cairns Lagoon, Ferris Wheel • Cairns Marlin Marina and Cruiseliner Terminal • Muddies playground and café • Cairns Aquarium, Cairns Performing Arts Centre, Munro Martin Parklands • Cairns Casino, Cairns Central Shopping Centre • Restaurants, cafes, shopping and entertainment • Cairns Base Hospital and Cairns Private Hospital Whether you're looking to expand your investment portfolio, secure a high-performing holiday rental, or own your own tropical escape that can generate income while you're away, this apartment delivers outstanding value in one of Cairns' most desirable CBD locations. Enquire today to receive our comprehensive property brochure and arrange your private inspection. BODY CORPORATE LEVIES: $7,206.74 approx per annum COUNCIL RATES: $1,750.50 (Current 6 month levy 1/7/26 to 31/12/26) NO. OF LOTS IN COMPLEX: 48 DATE REGISTERED: 2005 SIZE OF LOT: 52M2 TENANCY: Currently holiday let All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Features

1 bedroom
1 bathroom
52 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Cairns City over the last 12 months, the estimated median property value of 353/175 Lake Street is $310k.

Median value
$310k
Estimated value range
$273k - $589k
Median days on market
37
Estimated value trend
-5%
decrease 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 353/175 Lake Street

2026
Sold
$300,000
13 Sep 2026 by Kaz Hartley, of Twomey Schriber Property Group
2025
Sold
$252,500
22 Jul 2025 by Kaz Hartley, of Twomey Schriber Property Group
2022
Sold
$175,000
13 Nov 2022 by Kaz Hartley, of Twomey Schriber Property Group

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 units in Cairns City

In the last 12 months, 6 one-bedroom units similar to 353/175 Lake Street, have been sold.

This represents a 30% increase in one-bedroom units sales when compared to the previous 12 months.

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