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Back 36/26 Sheridan Street
Off Market

36/26 Sheridan Street

Cairns City QLD 4870

1
1
1
68 m²
Apartment
Last sold for $365,000
Naomi ScowcroftNaomi Scowcroft, last sold this property on 10 February 2026 after 6 days on market.

Overview

Position, Performance & Potential at Il Centro

Positioned on the top floor of the tightly held Il Centro Boutique Complex, Apartment 36 presents a solid, low-maintenance investment opportunity in one of Cairns’ most convenient inner-city locations. Offered in original condition, this one-bedroom apartment enjoys a pool and city outlook, capturing natural light and cooling breezes year-round. With the ability to be lived in permanently, leased long-term, or utilised as a short-term holiday let, the options here are truly endless. Currently returning $470 per week, with a tenant securely in place until August 2026, this is a genuine set-and-forget investment in a prime inner-city position. The functional open-plan layout flows seamlessly to a private balcony, while the generous bedroom features built-in storage and direct access to a well-appointed two-way bathroom. Cleverly designed for convenience, the spacious bathroom incorporates an internal laundry, making the apartment highly practical for long-term tenancy or short-term holiday letting. Spanning 68m², the apartment is fully furnished and presented in clean, tidy condition, allowing you to continue leasing immediately with no work required. Alternatively, it offers massive renovation potential for buyers looking to add value over time and capitalise on strong inner-city demand. You simply can’t beat this location. With secure undercover city parking and everything at your doorstep — Cairns Central, Rusty’s Markets, cafes, restaurants and transport . Il Centro continues to attract strong tenant demand and consistent performance. Adding further confidence for buyers, the complex has seen numerous upgrades and ongoing improvements, enhancing both liveability and long-term value. PROPERTY HIGHLIGHTS: • Top-floor position with pool and city aspect • Original condition – ideal for investors or future value-add potential • Tenant in place until August 2026 • Rental return: $470 per week • Open-plan kitchen and living area • Private balcony capturing light and breezes • Spacious bedroom with built-in wardrobes • Large bathroom with shower, bathtub and internal laundry • Mediterranean-style pool, sun deck, BBQ area and gazebo • Lift access and on-site professional management • Secure undercover parking • Prime inner-city location with everything at your doorstep Body Corporate Fees: Approx. $12,500 pa Council Rates: Approx: $3,300 pa Whether you’re expanding your portfolio, securing a long-term inner-city hold, or planning for future owner-occupation down the track, Apartment 36 represents a smart buy in a proven location. Contact Naomi today to arrange your private inspection or to discuss the investment potential further.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
68 m² lot size
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 36/26 Sheridan 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 36/26 Sheridan Street

2026
Sold
$365,000
10 Feb 2026 by Naomi Scowcroft, of Cairns Property Office City
2023
Rented
Undisclosed
Leased on 10 Oct 2023 by The Industry Estate Agents Pty Ltd

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 36/26 Sheridan 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.

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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.

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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)
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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)
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