SoldMay 21, 2025

17/71 Lake Street, Cairns City, QLD, 4870

Amount undisclosed

1
1
1
53.02 m²
0 m²

Apartment

30+ days on the market

Sold: May 21, 2025

What's around 17/71 Lake Street

Cozy Holiday Let in the Heart of Cairns City

Welcome to the INN Cairns, a comfortable one-bedroom holiday let apartment perfectly situated in the heart of Cairns City. This charming apartment is ideal for investors looking to grow their portfolio, offering great returns in a prime location. Whether you’re an investor or looking for a getaway, this cozy retreat provides a convenient base to explore all Cairns offers. Key Amenities: • Second Floor Apartment: Overlooking the Pool. • 1 Bedroom: Featuring a queen-sized bed and a TV for convenience. • 1 Bathroom: A spacious bathroom with a bathtub. • Private Balcony: Ideal for unwinding and taking in the views. • Kitchen: Fully equipped with an electric cooktop, oven, microwave, fridge/freezer. • Car Parking Space: A secure, designated parking space for your convenience. • Fully Furnished: The apartment comes fully furnished with everything you need for a comfortable stay. • Air Conditioning: Stay cool in Cairns’ tropical climate with air conditioning throughout. • High-Speed Wi-Fi: Stay connected with fast internet access, perfect for remote work or browsing. • Prime Location: Situated right in the heart of Cairns, just steps from restaurants, shops, and popular attractions. Investment Potential: • Body Corporate Fees: $12,000.00 p/y • Rates: ~$3,100 per year • Yearly Income: $28,140.29 p/y • Managed by onsite Managers: The INN Cairns Returns:8.2% HOLIDAY LET ONLY About the Area: Located in the vibrant heart of Cairns, this holiday rental offers easy access to the city’s top attractions. A short walk will take you to the stunning Esplanade, where you can enjoy waterfront views, our famous Night markets, Rusty markets, and a variety of cafes and restaurants. The Great Barrier Reef is just a short boat ride away, and Cairns Central Shopping Centre is only minutes from your door, providing everything you need for a comfortable stay. This apartment offers the perfect blend of comfort and location, and investment potential. If you’re looking for a reliable income generating property, this one-bedroom apartment ticks all the boxes.

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