Back 7/173 Esplanade
Off Market

7/173 Esplanade

Cairns North QLD 4870

2
2
1
117 m²
Unit
Last sold for $510,000
Tim LyonTim Lyon, last sold this property on 10 June 2025 after 26 days on market.

Overview

Sought After Location, Enviable Esplanade Lifestyle, Endless Opportunity.

Renovated Esplanade Apartment – Private position overlooking garden & lagoon. Positioned on the iconic Cairns Esplanade and located steps from a buffet of amenities, this beautifully renovated 2-bedroom, 2-bathroom apartment offers space, comfort, and a location that ticks every box – whether you're an owner-occupier or investor looking for not just strong returns, but flexibility too. Set within an older-style complex that has stood the test of time, this property stands out for its generous proportions – noticeably larger than most modern builds – and its end position, which enjoys excellent natural ventilation and refreshing breezes year-round. Tastefully updated with a modern kitchen and new flooring, the apartment balances contemporary comfort with solid construction and timeless appeal. Features we love; - Modern, renovated kitchen - Airy, open plan living area with views over the Esplanade - Occupying the entire S/E corner, offering east to west flow through - Fully ducted air-conditioning to keep you cool - Built in robes throughout plus separate laundry room - Offered to the market fully furnished in turn key condition - Secure underground parking - Onsite management - In ground pool and sauna room The Bottom Line - Body Corp: $13,666 per year - Council rates: $3,100 appox. per year - Rental income: $700plus per week - Built: circa 1990 - Number in complex: 37 The complex also benefits from being one of the most flexible addresses along the Esplanade. While a large percentage of the apartments within the complex are owner occupied residences, there is the additional option to take advantage of the well regarded onsite holiday let facilities, which offers favourable return opportunities thanks to the buildings proximity to the Cairns Base Hospital. Currently leased through onsite management, holiday let returns are available on request. Private inspections welcomed and encouraged, for all enquiries please contact Tim Lyon on 0400 355 706. 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

2 bedrooms
2 bathrooms
1 carspace
1 open car space
117 m² floor area
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 7/173 Esplanade is $445k.

Median value
$445k
Estimated value range
$235k - $810k
Median days on market
33
Estimated value trend
24%
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 7/173 Esplanade

2025
Sold
$510,000
10 Jun 2025 by Tim Lyon, of Twomey Schriber Property Group

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 units in Cairns North

In the last 12 months, 59 two-bedroom units similar to 7/173 Esplanade, have been sold.

This represents a 10% increase in two-bedroom units sales when compared to the previous 12 months.

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