Sold

3/247 Sheridan Street,
Cairns North 4870, Queensland

1 bedroom
1 bathroom
2 car spaces
66m² land size
Unit

$250,000


Property details

Ground Floor Apartment | CBD Fringe Convenience - Cash Cow!!!!

Perfectly positioned within a neat and secure complex of just 14 residences, this ground-floor apartment presents an excellent opportunity for both investors and owner-occupiers alike. Offering vacant possession or the option to continue with a strong tenancy, the property provides flexibility and future potential.

Of solid construction and a practical layout, the combined living and dining area flows seamlessly into the kitchen, while the generous bedroom includes a walk-in robe and air-conditioning for year-round comfort.

With scope to refresh and add value, this is a prime opportunity to secure an affordable entry into the sought-after Cairns North market, only minutes from the CBD, Cairns Base Hospital, the Esplanade, and the airport.

Property Features:
• One-bedroom apartment
• Spacious bedroom with walk-in robe and split-system air-conditioning
• Functional kitchen and combined living/dining area
• Secure, gated complex with carport on title
• Two-street access with separate pedestrian entry
• Live-in, lock-up, or investment potential

Additional Details:
Body Corporate Fees: approx. $2,697 per annum
Rental Appraisal: $375 - $395 per week
Currently Tenanted: Until Jan 2026 at $375 per week
Council Rates: approx. $1,670 per half yearly

This is the perfect set-and-forget investment or a fantastic opportunity to live in and update at your leisure in one of Cairns' most convenient city-fringe locations.

Combining lifestyle, convenience, and affordability, contact Natasha on 0487 154 973 to avoid disappointment. Please note that a minimum of 48 hours' notice is required for inspections due to the existing tenancy agreement.

Explore the area


School catchments

  • Mother of Good Counsel School Primary Prep-6 Catholic 1.4km
  • Parramatta State School Primary Prep-6 Government 1.5km
  • Mastery Schools Australia - Cairns Campus Combined Independent 1.6km
  • St Joseph's School Primary Prep-6 Catholic 1.8km
  • Cairns School of Distance Education Combined Prep-12 Government 1.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top