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349/175 Lake Street, Cairns QLD 4870-Image For Sale
349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Image 349/175 Lake Street, Cairns QLD 4870-Floorplan

349/175 Lake Street, Cairns City QLD 4870

INNER CITY INVESTMENT OPPORTUNITY - CASCADE GARDENS

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Friday, August 14, 2026 ( See property details for 349/175 Lake Street, Cairns City QLD 4870)

$280,000

Open on Monday 17 August 1:00 pm | View All

Auction Tuesday 25 August at 5:30 pm | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, air-conditioned one-bedroom apartment in a resort-style complex, offering excellent investment potential in Cairns CBD.

🏡 Property Highlights

  • Fully furnished, air-conditioned one-bedroom apartment in Cairns CBD
  • Resort-style complex with swimming pool and BBQ area
  • Excellent investment opportunity with existing holiday bookings
  • Prime location within walking distance to Esplanade, restaurants, and amenities
  • Strong rental return estimated at approximately $42,000 per annum
  • Close proximity to Cairns Hospital and Cairns State High School

✨ Key Features

  • Air Conditioning
  • Balcony
  • Swimming Pool
  • Outdoor Area
  • Built-in Robes
  • Fully furnished
  • Open-Plan Living
  • Security Screens / Gates
  • Pet-Friendly
  • Waterfront / Views

Cairns City offers vibrant urban living with easy access to the Esplanade, dining, shopping, and cultural attractions. The area boasts excellent public transport, proximity to hospitals and schools, and a lively community atmosphere. Its central location makes it ideal for both residents and investors seeking convenience and lifestyle. The suburb is well-maintained, with parks and recreational facilities nearby, ensuring a high quality of life. Cairns City continues to attract tourists and professionals alike, making it a prime location for property investment.

Is this apartment suitable for short-term holiday rentals?
Yes, the apartment is currently operating as a holiday let with existing bookings, making it an ideal investment for short-term rental income.
What amenities are available within the complex?
The complex features a resort-style swimming pool and BBQ area, providing residents and guests with leisure and entertainment options.
How close is the property to local attractions?
The apartment is within walking distance to the Esplanade, restaurants, cafés, shopping precinct, Cairns Hospital, and Cairns State High School.
What is the estimated annual return on investment?
The estimated gross return is approximately $42,000 per annum, based on current bookings and rental rates.
Are there any additional costs associated with the property?
Annual costs include council rates of approximately $3,200 and body corporate fees of around $7,223.
Are there any upcoming strata or body corporate fee increases planned? Is there any history of flooding or bushfire risk in the area? Are there any restrictions or covenants affecting holiday rental use? What are the long-term plans for the complex or surrounding area? Are there any planned developments or construction nearby that could impact the property?

349/175 Lake Street, Cairns City QLD 4870 - More Details

INNER CITY INVESTMENT OPPORTUNITY - CASCADE GARDENS

Welcome to Unit 349/175 Lake Street, Cairns City - "Cascade Gardens", a fantastic opportunity to secure a fully furnished one-bedroom apartment in the heart of Cairns.

Perfectly positioned within walking distance to the Esplanade, restaurants, cafés, shopping precinct, Cairns Hospital, and the Cairns State High School, this property offers an ideal combination of location, convenience, and investment potential.

Currently operating as a holiday let, this apartment provides investors with the opportunity to benefit from Cairns' strong tourism market, with existing bookings in place through to February.

Property Features:

*Fully furnished, air-conditioned one-bedroom apartment
*One bathroom with shower
*Private balcony
*Resort-style complex featuring a beautiful swimming pool and BBQ area
*Total floor area of approximately 52m²
*Conveniently located beside Munro Martin Parklands and close to all city amenities

Investment Details:

*Estimated gross return: approximately $42,000 per annum
*Council rates: approximately $3,200 per annum
* Body corporate: approximately $7,223 per annum

Whether you are looking for a low-maintenance investment, a CBD base, or an entry point into the Cairns property market, this apartment represents an excellent opportunity in a sought-after inner-city location.

Contact us today to arrange your inspection.

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/oj1WQ

**Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. The website may have filtered the property into a price bracket for website functionality purposes that does not reflect the actual price bracket.
Type
Apartment
Bedrooms
1
Bathrooms
1
Area
0.0

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  • 349/175 Lake Street, Cairns QLD 4870

    Tuesday 25 August
    5:30 pm
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