SoldOct 16, 2025

501/6 Lake Street, Cairns City, QLD, 4870

$510,000

2
2
113 m²

Apartment

30+ days on the market

Sold: Oct 16, 2025

What's around 501/6 Lake Street

HEART OF THE CITY DUAL KEY APARTMENT - 501/6 Lake Street Cairns City

This City Quays Dual-Key Property offers exceptional versatility in the heart of Cairns City, perfect for investors seeking strong income potential. Owning this apartment also gives you the opportunity to enjoy your own tropical holiday. Located on the 5th Floor this two-bedroom configuration features a thoughtfully designed apartment plus studio/ kitchenette combination that maximizes both comfort and income opportunities. The property's prime location puts you steps away from Cairns' most sought-after attractions. Great Barrier Reef tours literally launch from your neighbourhood, with Tourist Boats departing nearby for world-class snorkelling and diving adventures. The convenience factor is remarkable – a leisurely stroll to the Esplanade, Lagoon, Harbour Foreshore, Casino, Convention Centre, Restaurants, Cafes, Shops, Night Market and Reef Boats. The Dual-Key setup shines for short-term rental success. Guests love the independence of separate entrances while you maintain privacy and control. The apartment portion offers spacious living with its primary bedroom and full facilities, while the studio provides a perfect retreat for short stays. Both spaces feature their separate bathrooms and practical layouts that photograph beautifully for future online bookings. Location advantages extend beyond tourism appeal. You're positioned in a walkable neighbourhood where daily needs are easily met, whilst surrounded by the natural wonders that draw millions of visitors annually. The property's configuration allows multiple revenue streams currently with AIR BNB & showing excellent returns. This is smart real estate in a destination that never goes out of style, offering both lifestyle benefits and solid investment fundamentals in one compelling package. FACTS Apartment Comprises-One bedroom apartment consists of open plan living/kitchen/laundry/bedroom/en-suite/built-in robe/large private balcony--tiled in living area/carpet in bedrooms- air conditioner in bedroom & living room Studio Comprises-kitchenette/bedroom/living /bathroom/private balcony/fully tiled -Studio & Apart Sold fully furnished - Split System Air-conditioning in both - Stunning roof top pool, BBQ & entertaining area with spectacular views on the seventh floor. - Excellent returns currently with AIRBNB - Two lifts in the complex with secure parking- -113sqm size - Rates $1,350 approx half yearly - Body corporate fees - $3,233 approx per quarter Only minutes to Hemmingway Brewery at the International Cruise Terminal, Convention Centre, Casino, Restaurants, Cafes, Bars, Boardwalk, Esplanade & Lagoon Call Junelle for your private inspection

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