RateMyAgentGo to search
Back 505/6 Lake Street
Off Market

505/6 Lake Street

Cairns City QLD 4870

2
2
1
0 m²
Apartment
Last sold for $518,000
Junelle McNaughtJunelle McNaught, last sold this property on 18 August 2026 after 70 days on market.

Overview

Dual-Key Investment Opportunity with Flexible Income Potential

Positioned within a well-maintained complex, this modern dual-key apartment at 505/6 Lake Street City Quays Complex presents an outstanding opportunity for investors and owner-occupiers alike. Designed for maximum flexibility, the property combines a spacious one-bedroom apartment with a separate self-contained studio, both under a single title. The one-bedroom residence features a generous bedroom, well-appointed bathroom, internal laundry, open-plan living area, and a private balcony ideal for relaxing or entertaining. The adjoining studio offers independent accommodation with its own entrance, kitchenette, bathroom, and private patio. On Level a stunning pool with BBQ facilities overlooking the City and Trinity Inlet for relaxation. The dual-key configuration allows for a variety of living and investment options, including dual rental income streams, short-stay accommodation up to 3 months for owners. Property Features: • Dual-key configuration on one title • One-bedroom apartment with ensuite bathroom, Internal laundry & spacious balcony • Separate self-contained studio, with kitchenette and patio • Internal laundry to main apartment • Flexible investment or lifestyle opportunity • Strong appeal to investors- Currently leased with Park Regis Hotels A rare opportunity to secure a versatile property offering both lifestyle and income-generating potential. Call Junelle for a private viewing on 0407 076 528

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
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 505/6 Lake Street is $630k.

Median value
$630k
Estimated value range
$331k - $1.5m
Median days on market
51
Estimated value trend
2%
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 505/6 Lake Street

2026
Sold
$518,000
18 Aug 2026 by Junelle McNaught, of Cairns Key Real Estate

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, 33 two-bedroom apartments similar to 505/6 Lake Street, have been sold.

This represents a 9% 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

placeholder
Kaine Rowe

Kaine Rowe is a recommended agent for Cairns City.  They have 25 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (222 reviews)
  •  8 Reviews in Cairns City
  •  25 Sales in Cairns City
View profile
placeholder
Claudio Di Bartolomeo

Sellers who recommend Claudio Di Bartolomeo have praised them for being clear communication, local expert, responsive, reliable, supportive, friendly and pleasant

  •   5   (243 reviews)
  •  7 Reviews in Cairns City
  •  6 Sales in Cairns City
View profile
placeholder
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
  •  4 Sales in Cairns City
View profile
placeholder
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
  •  11 Sales in Cairns City
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap