Back 4/284 Lake Street
Off Market

4/284 Lake Street

Cairns North QLD 4870

2
1
64 m²
Unit
Last sold for $440,000
Natasha Whalley-ThompsonNatasha Whalley-Thompson, last sold this property on 17 June 2026 after 70 days on market.

Overview

Secure Investment with Strong Returns & Massive Future Growth Potential

Ground floor corner unit offering low-maintenance living in a highly convenient Cairns North location. Positioned within a boutique complex of just 12, this two-bedroom apartment is currently leased at $520 per week until July 2026, making it an ideal set-and-forget investment with immediate rental income. Located within walking distance to Cairns Base Hospital and the Esplanade, the property continues to attract strong tenant demand thanks to its lifestyle and city-fringe convenience. Property Features: • Ground floor corner position • 2 bedrooms | 1 bathroom • Functional 64m² layout • Boutique complex of only 12 apartments • On-site common property car parking • Walking distance to Cairns Base Hospital & Cairns Esplanade • Strong rental appeal in a sought-after location Investor Information: • Currently leased at $520 per week until July 2026 • Rental appraisal: $520-$540 per week • Council rates approx. $1,650 p/a • Body corporate levies approx. $5,600 p/a • Full Seller Disclosure Statement (SDS) available upon request Additional Information: • Video walkthrough available via WhatsApp • Open Homes every Saturday until SOLD • Private inspections welcomed (minimum 48 hours' notice required due to tenancy) Secure this investment opportunity today. Contact Natasha Whalley-Thompson and her team on 0487 154 973 for further information.

Features

2 bedrooms
1 bathroom
64 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cairns North over the last 12 months, the estimated median property value of 4/284 Lake Street is $445k.

Median value
$445k
Estimated value range
$235k - $810k
Median days on market
34
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cairns North. 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 4/284 Lake Street

2026
Sold
$440,000
17 Jun 2026 by Natasha Whalley-Thompson, of Ray White Cairns Beaches
2024
Rented
Undisclosed
Leased on 02 Jul 2024 by Wolf Real Estate Agents
2024
Rented
Undisclosed
Leased on 20 May 2024 by Wolf Real Estate Agents

Happy sellers in Cairns North

98%
98% of sellers in Cairns North reported that their sale price either exceeded or met their price expectations.

Cairns North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 45 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 56 two-bedroom units similar to 4/284 Lake Street, have been sold.

This represents a 9% increase in two-bedroom units sales when compared to the previous 12 months.

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