SoldOct 9, 2025

127 & 128/166 Lake Street, Cairns North, QLD, 4870

$460,000

2
2
2
99 m²

Unit

30+ days on the market

Sold: Oct 9, 2025

What's around 127 & 128/166 Lake Street

Dual Key Apartment, Fully Furnished, in North Cairns

Please enquire through realestate.com.au or Domain to receive an information pack. A rare dual-key opportunity in the heart of North Cairns, this fully renovated and fully furnished apartment offers smart investors or savvy owner-occupiers the chance to maximise rental income, reduce expenses, and enjoy strong capital growth in one of Cairns' most desirable locations. Perfectly positioned on Lake Street, adjacent to Cairns Base Hospital and just a short stroll to the Esplanade. This split into two self-contained units, consist of a 1-bedroom studio and a 1-bedroom apartment, each with their own private entrance, balcony, kitchen, bathroom, and laundry, this is the ideal setup for dual living, executive rentals, or Airbnb. Whether you choose to live in one and rent out the other, or lease both separately as short or long-term rentals, this is a flexible investment with dual income potential, reduced overheads, and solid tenant demand year-round. Investor’s Dream: - Two income streams: Maximise your rental returns and diversify your investment risk. - Reduced expenses - single Body Corporate fee and Council Rates for this property. - Strong capital growth: Located in an area experiencing consistent demand and development. - Open plan living and dining areas. - Recently renovated with new bathrooms and kitchens, complete with oven, cooktop, fridge, microwave and rangehood. Freshly painted with new carpet – nothing to spend. - Washing machine in each unit. - Air conditioning and ceiling fans. Property Features: - Prime location – Close to Esplanade, hospital, schools, public transport and Cairns tourist areas. - Two fully self-contained, furnished units – Each with modern kitchen, stylish bathroom, washing machine, private living area, and balcony. - Private entrances – complete privacy for both occupants. - Second floor lift access. - Two unallocated secure undercover parking spaces - one for each apartment. - Live in one, rent the other or lease both residences separately for dual rental income streams. - Short-term or long-term options: Ideal for Airbnb, executive rentals, or stable long- term tenants. Opportunities like this don’t last long in North Cairns. With its unbeatable location, dual-income potential, and modern finish throughout, this property is ready to go with nothing to spend. Don't miss your chance to own this exceptional property. Contact us today to arrange a private inspection! DISCLAIMER Please note that some images in this listing may edited for illustrative purposes.

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