Back 41/71 Lake Street
Active

41/71 Lake Street

Cairns City QLD 4870

1
1
1
49 m²
Unit
Currently for sale - view listing

Overview

HIGH PERFORMING CBD INVESTMENT

Welcome to a strong yielding investment opportunity that is few and far between, in the vibrant heart of CBD. Neat as a pin, recently refurbished and prime positioned. This affordable money spinner is primed to start bring you string returns from the day one. A stellar location and a history of strong, holiday let performance, coupled with proactive onsite management, apartment 41 is as close to a perfect "set and forget" investment, that you'll ever find. Features we love: - $570 average weekly income, after management fees - Impeccable location, in the heart of the CBD - Recent internal refurbishment - Spacious, modern kitchen with a stone bench tops and plenty of storage - King sized bedroom with ample storage and wall mounted television - Ducted air-conditioning to living room and bedroom - Balcony overlooking the pool and city - Sold fully furnished in turnkey condition - Walking distance to the esplanade, lagoon, marina, dining and cafés - Rooftop terrace, garden and pool - Dedicated Onsite management and booking agent The Figures - Council rates: approx $3,300 per year - Body corp levies: $10,947 per year - Current sinking fund balance: $149,091 - Built in 1996 Sitting in such a convenient location that's an easy stroll from restaurants, cafes, shopping, entertainment and the stunning Cairns Esplanade, relaxation, indulgence and adventure are right at the door front for you and your guests to enjoy alike. If you're looking for a terrific opportunity to make your money work harder for you or perhaps, a sensational holiday retreat that pays for itself, then this is what you've been waiting for. For all inquiries or to arrange your inspection, call Tim Lyon on 0400 355 706 or Ryan Steinborner on 0474 640 592. 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
1 carspace
1 open car space
49 m² lot size
Unit

Happy sellers in Cairns City

94%
94% 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 23 reviews in Cairns City over the last 12 months.

Local market activity for 1 bedroom units in Cairns City

In the last 12 months, 8 one-bedroom units similar to 41/71 Lake Street, have been sold.

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

© 2026 RateMyAgent