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Back 47/199 Lake Street
Off Market

47/199 Lake Street

Cairns North QLD 4870

2
2
1
Apartment
Last sold for $675,000
Kate ErwinKate Erwin, last sold this property on 22 August 2025 after 57 days on market.

Overview

Versatile 2-Bedroom Unit: Perfect for New Buyers and Investors Alike

Unique Real Estate brings to market this well-positioned 2 - bedroom, 2 - bathroom unit that offers a strong combination of investment potential and everyday comfort. Ideal for both owner - occupiers and investors, this property is perfectly located with easy access to Cairns Hospital, the Medical University, the CBD and the waterfront. Situated in a well-maintained complex with a resort-style pool, the unit also enjoys ocean views - adding a welcome sense of space and relaxation. KEY FEATURES: *2 Bedrooms, 2 Bathrooms: Enjoy the comfort of two spacious bedrooms, each complemented by its own bathroom for privacy and convenience. *Flexible Layout being a dual key apartment: The second bedroom boasts its own separate access, presenting an excellent opportunity for additional income as a short-term rental (Airbnb) or as an independent living space for extended family members. *Kitchen and Living Area: An efficient kitchen seamlessly connects to a cozy living area, offering a practical space for daily routines and quiet relaxation. *Private Verandas: Both bedrooms feature access to private balcony, providing outdoor spaces to relax and enjoy the fresh air. *The unit is being sold furnished. The furniture depicted many not be the actual furniture. For a description of the actual furniture/furnishings please contact agent. *Built 2006 *Body Corporate $11,523.62 pa *Rates approx $2,768pa *Lot size: Lot 47 = 86m2 + 12m2(patio) + 7m2(patio) + 15m2(garage) = 120m2(total) LOCATION: Conveniently located in Cairns North, this unit is within walking distance to essential amenities including hospitals, shops, and transportation hubs. Enjoy easy access to the waterfront and other local attractions, ensuring a comfortable and convenient lifestyle right at your doorstep. Whether you're an investor looking to capitalise on rental income or a savvy buyer eager to own your slice of real estate, this property promises endless possibilities. Don't miss out on this unique opportunity. CONTACT: Contact Kate Erwin for inquires and viewings. This unit is being sold furnished, the furniture depicted may not be the actual furniture. For an actual description of the furniture/furnishings included please contact agent.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cairns North over the last 12 months, the estimated median property value of 47/199 Lake Street is $475k.

Median value
$475k
Estimated value range
$192k - $901k
Median days on market
35
Estimated value trend
5%
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 47/199 Lake Street

2025
Sold
$675,000
Private Sale/Treaty on 22 Aug 2025 by Kate Erwin, of Unique Property Sales

Happy sellers in Cairns North

96%
96% 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 49 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom apartments in Cairns North

In the last 12 months, 50 two-bedroom apartments similar to 47/199 Lake Street, have been sold.

This represents a 30% increase in two-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 North

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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)
  •  32 Reviews in Cairns North
  •  25 Sales in Cairns North
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Zoe Wicks

Sellers who recommend Zoe Wicks have praised them for being clear communication, local expert, friendly, responsive, supportive, well-prepared and great negotiation

  •   4.9   (243 reviews)
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  •  8 Sales in Cairns North
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Kaine Rowe

Kaine Rowe is a recommended agent for Cairns North.  They have 22 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (218 reviews)
  •  5 Reviews in Cairns North
  •  22 Sales in Cairns North
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Tim Winborn-Sharp

Sellers who recommend Tim Winborn-Sharp have praised them for being local expert, clear communication, responsive, friendly, honest, reliable and supportive

  •   4.9   (159 reviews)
  •  6 Reviews in Cairns North
  •  6 Sales in Cairns North
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