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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 QLD 4870

INNER CITY INVESTMENT OPPORTUNITY - CASCADE GARDENS

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Monday, August 03, 2026 ( See property details for 349/175 Lake Street, Cairns QLD 4870)

TBC

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 QLD 4870 - More Details

INNER CITY INVESTMENT OPPORTUNITY - CASCADE GARDENS

Type
Apartment
Bedrooms
1
Bathrooms
1
Area
0.0

Auctions

  • 349/175 Lake Street, Cairns QLD 4870

    Tuesday 25 August
    5:30 pm
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