SoldMar 25, 2026

38/257 Lake Street, Cairns North, QLD, 4870

$305,000

1
1
1
62 m²

Unit

22 days on the market

Sold: Mar 25, 2026

What's around 38/257 Lake Street

Prime Holiday Let Opportunity

Welcome to Apartment 38, positioned on Level 1 within the well-regarded Central Plaza Hotel. This fully furnished one-bedroom holiday-let apartment presents a versatile opportunity for investors seeking a low-maintenance base in Cairns. Offering approximately 62m² of internal space, the apartment showcases a generous open-plan design with a contemporary kitchen, tiled living and dining area, and a private balcony. The property is approved for short-term accommodation of up to three months, allowing you to holiday let through the onsite management team or independently via your preferred booking platform. Its prime position directly opposite Cairns Base Hospital and just one block from the Cairns Esplanade ensures consistent appeal for medical professionals, visiting specialists, and holidaymakers alike. - Fully furnished, self-contained one-bedroom apartment - Flexible holiday letting options (onsite or external platforms) - Private balcony with tropical outlook - Full kitchen with quality appliances - Air-conditioned tiled living area - Internal laundry with washer and dryer - Secure underground parking - Resort-style swimming pool, BBQ facilities and landscaped gardens Outgoings & Returns: - Council rates: approximately $3,000 per annum - Body corporate fees: approximately $7,312 per annum - Income statement available on request Currently managed by the onsite holiday letting team, the apartment offers a streamlined, hands-off option for investors. Owners also have the flexibility to transition to independent management should they prefer.

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