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Back 503/58 McLeod Street
Off Market

503/58 McLeod Street

Cairns City QLD 4870

2
2
1
115 m²
Apartment
Last sold for $535,000
Claudio Di BartolomeoClaudio Di Bartolomeo, last sold this property on 22 September 2025 after 234 days on market.

Overview

Inner city dual key apartment

You are welcome to inspect lot 503 at 58-62 McLeod Street. This is a real once-in-a-blue-moon opportunity! Secure this stunning dual-key apartment nestled right in the heart of Cairns City, offering breathtaking views of the mountains and the Trinity Inlet. Situated on the 5th level of the iconic Cairns Central Plaza Apartments, mere steps away from Cairns Central, a 5-minute stroll to the renowned Cairns Esplanade, the newly refurbished Cairns Convention Centre, and all the attractions this wonderful city has to offer. The dual-key layout ensures maximum returns for holiday lets, allowing you to enjoy your own luxury apartment everyday or during your well-deserved holidays. Property Highlights: * Dual-key apartment with internal connecting doors * Live in, invest, or both * Two bedrooms * Two bathrooms * Two balconies, all boasting views * Air-conditioned * Gourmet kitchen in the main unit, kitchenette in the studio side * Internal laundry * Dishwasher * Secure allocated parking * Onsite management * Lifts in the complex * Rooftop pool and spa * Medical center and dentist in the building * 1-minute walk to Cairns Central Shopping Centre In details: One bedroom side: * One Bedroom with access to the balcony * One bathroom with bathtub * Spacious kitchen with dishwasher * Internal Laundry * Air-conditioning * Large balcony Studio side: * Studio (or second bedroom) * One bathroom with shower * Kitchenette * Balcony For Investors: Price: Offer in the mid to low $500,000's Rates: Approximately $2,930 per year Body Corporate approximately: $12,736.67 if paid on or before the due date (Total Annual Funds, payable by this lot : $15,920.84) Number of lots in the complex: 46 Rental Appraisal: $750 - $800 / week (Combined) Holiday let guaranteed available thru on site management (to be negotiated with Central Plaza Apartments) Holiday let potential: One Bedroom unit $217-$330 per night gross - Studio $197-$250 per night gross (Combined $414-$630 per night gross). Rate can vary based on season. (Data on prices per night from the Central Plaza Website) Year built: 2009 Development Zoning: City Centre (2060) Call Claudio now to arrange your private inspection - a 24-hour notice is required to inspect the property. Currently used as holiday letting. Disclaimer: We have made every effort to ensure the information contained in this advertisement is true and accurate. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements contained herein. Prospective purchasers should conduct their own inquiries to verify the information contained in this advertisement.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
115 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cairns City over the last 12 months, the estimated median property value of 503/58 McLeod Street is $602.5k.

Median value
$602.5k
Estimated value range
$286.5k - $1.27m
Median days on market
51
Estimated value trend
1%
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 503/58 McLeod Street

2025
Sold
$535,000
22 Sep 2025 by Claudio Di Bartolomeo, of Ray White 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 2 bedroom apartments in Cairns City

In the last 12 months, 32 two-bedroom apartments similar to 503/58 McLeod Street, have been sold.

This represents a 36% 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 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.

  •   5   (235 reviews)
  •  9 Reviews in Cairns City
  •  8 Sales in Cairns City
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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.

  •   4.9   (218 reviews)
  •  6 Reviews in Cairns City
  •  21 Sales in Cairns City
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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)
  •  6 Reviews in Cairns City
  •  3 Sales in Cairns City
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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)
  •  7 Reviews in Cairns City
  •  12 Sales in Cairns City
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