SoldAug 28, 2025

218/1 Marlin Parade, Cairns City, QLD, 4870

$550,000

1
1
64 m²

Apartment

30+ days on the market

Sold: Aug 28, 2025

What's around 218/1 Marlin Parade

LUXURY WATERFRONT INVESTMENT WITH EXCEPTIONAL RETURNS

Located in one of the most sought-after positions in Cairns, this beautifully refurbished 1-bedroom apartment in the prestigious Harbour Lights offers an exceptional opportunity for investors seeking strong rental yields and long-term capital growth. With a gross rental return of approximately $64,000 anually, and high appeal for both long-term and short-term tenants, this property is a smart addition to any portfolio. Spanning 64m² on the second level, this fully furnished apartment enjoys a prized south-easterly aspect, capturing uninterrupted water views over Trinity Inlet and stunning sunrises from your very own private balcony. Whether leased permanently or offered as a luxury short-term stay, its position and presentation will ensure consistent occupancy and impressive income. KEY INVESTMENT APPEAL: • Gross return approx. $64,000 p.a. • Long-term rental appraisal: $600/week • High demand for short-term accommodation in prime waterfront locations • Situated in a tourism and lifestyle hotspot, with limited comparable properties Cairns is currently undergoing a surge in buyer demand, fuelled by infrastructure growth, tourism momentum, and its continued emergence as a lifestyle destination. With limited waterfront stock and Harbour Lights being a rare absolute waterfront development, this apartment is ideally positioned for ongoing growth and strong rental performance. PROPERTY HIGHLIGHTS: • Recently refurbished with hybrid Black-Butt flooring, new furnishings, and fresh paint throughout • Fully furnished and move-in ready – ideal for investors seeking hassle-free returns • Spacious king-size bedroom with mirrored built-ins and wall-mounted TV • Modern two-way bathroom with full tiling and quality fixtures • Internal laundry with washer, dryer, and storage • Ducted air conditioning throughout for year-round comfort • Private balcony with spectacular water views • Access to resort-style facilities: pool, sauna, BBQ area and gym • Pet-friendly complex • Body Corporate: approx. $7,808 p.a. • Council Rates: approx. $3,000 p.a LOCATION PERFECTION: Set in the heart of the city and footsteps from the Esplanade, Marina, restaurants, coffee spots, and the Casino — this address guarantees strong year-round demand. The apartment also sits within a sought-after school catchment, further broadening its appeal to executive tenants and professionals relocating with families. LIVE, INVEST, OR BOTH Whether you’re looking for a high-performing investment, a stylish city escape, or a low-maintenance waterfront home, this Harbour Lights gem delivers on all fronts. Seize the opportunity — properties in this building are tightly held for good reason. Contact Naomi today to inspect !

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