14/186 Lake St, Cairns North, QLD, 4870

SoldJan 8, 2026

14/186 Lake St, Cairns North, QLD, 4870

$389,000

84 m²

Unit

•

30+ days on the market

Sold: Jan 8, 2026

What's around 14/186 Lake St

Blue-Chip Esplanade Precinct Investment – Long Lease ROI 6% + Airbnb Potential

Positioned right next door to the Cairns Base Hospital and just around the corner from the Cairns Esplanade, this apartment is located in one of the most tightly held and consistently high-demand pockets of Cairns. With cafés, transport links, the Esplanade, and major employment hubs all within metres, this is blue-chip inner-city living at its best. Constructed from solid concrete block and finished with durable vinyl flooring, the property is perfectly suited to investors seeking a low-maintenance, tenant-friendly home in a premium location. Currently leased to long-term tenants at $450 per week until 28 September 2026. Zoned Tourist Accommodation, there is also potential for Airbnb/short-stay letting in this prime holiday location. The layout offers practical everyday living, featuring an open-plan lounge and dining area flowing onto the balcony, a functional kitchen, bathroom, and internal laundry. Both bedrooms include built-in wardrobes, with split-system air-conditioning and ceiling fans throughout. The complex includes an undercover carport and a swimming pool. Current Fixed Lease: $450 per week to 28.09.2026 Council Rates: $3,200 per annum approx Body Corporate Fees: $7,900 per annum approx Sinking Fund Balance: $156,000 approx All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

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Buyer's review

3 months ago

Verified Review

Professional and friendly

Had the pleasure of working with Zoe to complete a purchase recently. She was approachable, friendly, whilst remaining highly professional and super efficient. I would recommend her.

Buyer

Seller's review

3 months ago

Verified Review

So Happy We Went With Zoe

We had tried to sell our property a couple of years ago, without any luck, so were a bit apprehensive about trying again. Right from the very first conversation with Zoe we felt supported and knew that we had the right agent for us. Throughout the sale, Zoe kept us very well informed and was always upfront and honest. We had put the property on the market at the start of December so were thinking it would not sell before the Christmas closure but, after 2 open houses and Zoe following up with prospective buyers, we had an offer that we were very happy with, within 2 weeks. Zoe continued to make sure we were well informed during the settlement period and gave us good advice when the buyers made a request. I would not hesitate to recommend Zoe to anyone wishing to sell their property and am so glad that we had her as our agent.

Katherine Minard

Seller