Back 4/155 Esplanade
Off Market

4/155 Esplanade

Cairns City QLD 4870

3
2
2
Apartment
Last sold for $1,350,000
Scott MitchellScott Mitchell, last sold this property on 26 September 2025 after 36 days on market.

Overview

ELEGANT WATERS EDGE - DIRECT SWIM-OUT ACCESS - $70K+ NET INCOME!

For the first time in 17 years, this ground-floor residence located in Waters Edge, one of the most tightly held Esplanade complex is available to the market. With direct swim-out access from your private front patio and positioned in one of Cairns' most desirable waterfront addresses, this 3-bedroom, 2-bathroom apartment represents the pinnacle of coastal lifestyle living. From the moment you step inside, the sense of space and light is undeniable. The expansive open-plan living and dining area is framed by floor-to-ceiling glass, inviting natural light and effortless flow to the outdoor entertaining space. The contemporary kitchen is designed for both style and function, showcasing stone bench-tops, premium appliances, a central island, and an abundance of storage perfect for casual meals or entertaining guests in style. The master suite is a sanctuary of its own, complete with a generous walk-in robe and elegant ensuite. Two additional bedrooms are thoughtfully positioned away from the master, each fitted with built-in robes and split system air-conditioning, and serviced by a well-appointed main bathroom. For added convenience, a handy office nook is tucked near these bedrooms ideal for working from home or as a study space. This boutique complex offers exceptional amenities including secure parking for two vehicles, additional storage, lift access, and two sparkling swimming pools for year-round enjoyment. Adding to its appeal, this residence also offers highly lucrative holiday letting potential an attractive option for investors seeking a premium return with other swim-out units producing in excess of $92,000 last financial year! With its unmatched lifestyle benefits and proven investment strength, this property offers the best of both worlds. Perfectly positioned on the iconic Esplanade, you're only minutes from the Lagoon, Marina, and the vibrant dining, shopping, and café scene that defines city living. Whether you're looking to secure a forever home, a holiday retreat, or an income-producing investment, this apartment is an unmissable opportunity in an address that rarely changes hands. Body Corporate fees are approx $3220 per quarter and Council Rates approx $1450 per half year.

Features

3 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Cairns City over the last 12 months, the estimated median property value of 4/155 Esplanade is $1.01m.

Median value
$1.01m
Estimated value range
$755k - $1.75m
Median days on market
34
Estimated value trend
29%
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 4/155 Esplanade

2025
Sold
$1,350,000
Private Sale/Treaty on 26 Sep 2025 by Scott Mitchell, of Inspire Real Estate Cairns

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 3 bedroom apartments in Cairns City

In the last 12 months, 19 three-bedroom apartments similar to 4/155 Esplanade, have been sold.

This represents a 33% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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