Sold

4/284 Lake Street,
Cairns North 4870, Queensland

2 bedrooms
1 bathroom
64m² land size
Unit

$440,000


Property details

Secure Investment with Strong Returns & Massive Future Growth Potential

Ground floor corner unit offering low-maintenance living in a highly convenient Cairns North location.

Positioned within a boutique complex of just 12, this two-bedroom apartment is currently leased at $520 per week until July 2026, making it an ideal set-and-forget investment with immediate rental income.

Located within walking distance to Cairns Base Hospital and the Esplanade, the property continues to attract strong tenant demand thanks to its lifestyle and city-fringe convenience.

Property Features:
• Ground floor corner position
• 2 bedrooms | 1 bathroom
• Functional 64m² layout
• Boutique complex of only 12 apartments
• On-site common property car parking
• Walking distance to Cairns Base Hospital & Cairns Esplanade
• Strong rental appeal in a sought-after location

Investor Information:
• Currently leased at $520 per week until July 2026
• Rental appraisal: $520-$540 per week
• Council rates approx. $1,650 p/a
• Body corporate levies approx. $5,600 p/a
• Full Seller Disclosure Statement (SDS) available upon request

Additional Information:
• Video walkthrough available via WhatsApp
• Open Homes every Saturday until SOLD
• Private inspections welcomed (minimum 48 hours' notice required due to tenancy)

Secure this investment opportunity today.

Contact Natasha Whalley-Thompson and her team on 0487 154 973 for further information.

Explore the area


School catchments

  • Mother of Good Counsel School Primary Prep-6 Catholic 0.96km
  • Mastery Schools Australia - Cairns Campus Combined Independent 2.1km
  • Parramatta State School Primary Prep-6 Government 2.1km
  • Edge Hill State School Primary Prep-6 Government 2.2km
  • St Joseph's School Primary Prep-6 Catholic 2.3km

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.


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