Back 8/247 Sheridan Street
Off Market

8/247 Sheridan Street

Cairns North QLD 4870

2
1
2
76 m²
76 m²
Apartment
Last sold for $345,000
Claudio Di BartolomeoClaudio Di Bartolomeo, last sold this property on 08 December 2025 after 122 days on market.

Overview

Smart Investment - City Fringe Apartment - Convenience

Ray White Cairns proudly presents this well-positioned two-bedroom apartment offering the ideal combination of convenience, lifestyle, and strong investment potential. Located on the second floor of a small complex of just 14 units, this bright and airy apartment features a generous open-plan layout, modern finishes, and unbeatable proximity to the Cairns CBD, hospitals, and Esplanade. Features Include: *Two spacious bedrooms with built-in wardrobes and air-conditioning *One bathroom *Light-filled open-plan living and dining area *Kitchen with excellent storage and bench space *Modern vinyl flooring throughout *Internal laundry conveniently located in the bathroom *Security screens and bars for peace of mind *Allocated carport and gated entry via Sheridan & McLeod Streets Location Highlights: *Minutes to Cairns Private and Public Hospitals *Close to the Esplanade, Lagoon & boardwalk *Short drive to Cairns Central Shopping Centre *Easy access to public transport Investment Details: *Currently rented at: $470 per week (until January 2026) *Next rent increase: June 2026 *Body Corporate: Approx. $5,300 p.a. *Council Rates: Approx. $3,300 p.a. *Complex: 14 units | Size: 76m² Just moments from the heart of Cairns, this apartment delivers urban convenience and effortless living - perfect for investors or first-home buyers alike. Contact us to arrange a private inspection. (48 hours' notice required due to tenancy.) **Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
76 m² floor area
76 m² lot size
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 8/247 Sheridan Street is $471.5k.

Median value
$471.5k
Estimated value range
$192k - $901k
Median days on market
37
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 8/247 Sheridan Street

2025
Sold
$345,000
Private Sale/Treaty on 08 Dec 2025 by Claudio Di Bartolomeo, of Ray White Cairns
2025
Rented
Undisclosed
Leased on 08 Feb 2025 by Ray White Cairns
2025
Rented
Undisclosed
Leased on 08 Feb 2025 by Ray White Cairns

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 8/247 Sheridan Street, have been sold.

This represents a 31% increase in two-bedroom apartments sales when compared to the previous 12 months.

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