4/284 Lake Street, Cairns North QLD 4870

For Sale

4/284 Lake Street, Cairns North QLD 4870-Floorplan

Unit

Type

Bedrooms

Bathrooms

Last updated on Wednesday, June 17, 2026 ( See property details for 4/284 Lake Street, Cairns North QLD 4870)

$390,000

Natasha WhalleyThompson - Real Estate Agent - Ray White - Cairns

Natasha WhalleyThompson SALES & MARKETING AGENT

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AI Property Insight

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

A low-maintenance, two-bedroom ground floor unit in a highly convenient Cairns North location, currently leased with strong rental appeal.

🏡 Property Highlights

Low-maintenance ground floor corner unit in a boutique complex of only 12 apartments
Currently leased at $520 per week until July 2026, offering immediate rental income
Highly sought-after Cairns North location within walking distance to Cairns Base Hospital and Esplanade
Strong tenant demand due to lifestyle and city-fringe convenience
Functional 64m² layout with two bedrooms and one bathroom
On-site common property car parking for residents

✨ Key Features

Ground-floor corner position
2 bedrooms
1 bathroom
Boutique complex of only 12 apartments
On-site common property car parking
Walking distance to Cairns Base Hospital & Cairns Esplanade
Open-Plan Living
Built-in Robes
Security Screens / Gates
NBN / High-Speed Ready

Suburb and Property Insights of Cairns North, QLD 4870

Cairns North is a vibrant suburb renowned for its proximity to the Cairns Esplanade and Cairns Base Hospital. It offers excellent walkability, a lively lifestyle, and strong rental demand, making it ideal for investors and residents alike. The area features a mix of modern apartments and established homes, with convenient access to amenities, parks, and the city centre. Its sought-after location ensures ongoing growth and lifestyle appeal.

Frequently Asked Questions

What is the current rental income and potential for future rent increases?

The property is currently leased at $520 per week until July 2026, with a rental appraisal of $520-$540 per week, indicating potential for slight rent increases.

What are the strata or body corporate fees and what do they cover?

The body corporate levies are approximately $5,600 per annum, covering maintenance of common areas, insurance, and management fees.

Are there any restrictions or special conditions for the property?

The property is part of a boutique complex with specific bylaws; further details are available upon request to ensure compliance and restrictions.

What are the council rates and other ongoing costs?

Council rates are approximately $1,650 per year, with additional costs including body corporate levies and utilities.

Is the property suitable for owner-occupiers or only investors?

While currently leased to tenants, the property is suitable for both investors seeking rental income and owner-occupiers looking for a low-maintenance city fringe residence.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? Has the property been inspected for any structural issues or defects, and are there any known repairs needed? Are there any easements, covenants, or restrictions affecting the property? What are the terms of the current lease, and are there any conditions that could change the rental income? Is the property compliant with all building and safety regulations, including security screens and fire safety measures?

4/284 Lake Street, Cairns North QLD 4870 - More Details

Secure Investment with Strong Returns & Massive Future Growth Potential

Type: Unit
Bedrooms: 2
Bathrooms: 1
Area: 0.0

4/284 Lake Street, Cairns North QLD 4870 - Point Of Interest

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Your Commute at a Glance: 4/284 Lake Street, Cairns North QLD 4870

Email Enquiry To Ray White - Cairns

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Natasha WhalleyThompson

4/284 Lake Street, Cairns North QLD 4870

$390,000

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