41/71-75 Lake Street, Cairns City, Qld 4870

offers over $300,000

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings
49 m²
Area

Published on Wednesday, August 26, 2026 ( See property details for 41/71-75 Lake Street, Cairns City, Qld 4870)

offers over $300,000

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

A modern, fully furnished CBD apartment with strong holiday rental income, offering a prime investment or holiday retreat opportunity in Cairns.

🏡 Property Highlights

  • Prime CBD location with strong holiday let performance
  • Recently refurbished with modern finishes
  • Fully furnished turnkey investment property
  • Ducted air-conditioning throughout
  • Balcony overlooking pool and city views
  • Proactive onsite management and booking services

✨ Key Features

  • Balcony
  • Built-in Robes
  • Ducted Air Conditioning
  • Fully Fenced
  • Open-Plan Living
  • Security Screens / Gates
  • Water tank
  • Waterfront / Views
  • Built in wardrobes
  • Pet-Friendly

Cairns City offers a vibrant lifestyle with easy access to the Esplanade, lagoon, marina, and a variety of cafes and restaurants. The area boasts excellent walkability, a lively entertainment scene, and stunning waterfront views. Its central location makes it ideal for both holidaymakers and investors seeking high rental yields. The community is well-serviced with amenities, public transport, and recreational facilities, making it a highly desirable place to live or invest. The ongoing development and strong tourism appeal ensure continued growth and opportunity in this thriving precinct.

Is the property currently rented, and what is the rental yield?
Yes, the property is currently generating an average weekly income of $570 after management fees, indicating a strong rental yield suitable for investors.
What are the ongoing costs associated with the property?
The annual council rates are approximately $3,300, and the body corporate levies are $10,947 per year, with a current sinking fund balance of $149,091.
Are there any restrictions or special conditions for owning this property?
The property is a strata-titled unit in a well-managed complex, with no specific restrictions mentioned; however, prospective buyers should verify any strata or body corporate rules.
What amenities are available within the complex?
The complex features a rooftop terrace, garden, pool, and onsite management and booking services, providing a convenient lifestyle and investment management.
Is the property suitable for holiday rentals or short-term stays?
Yes, the property has a strong history of holiday let performance and is sold fully furnished, making it ideal for short-term rental income.
Are there any upcoming or planned maintenance works or renovations within the complex that could affect my investment? Has the property been inspected for any structural issues or pest infestations? Are there any restrictions on holiday rentals or short-term leasing imposed by the body corporate? What are the specific strata or body corporate rules regarding pet ownership? Is there any history of flooding or bushfire risk in this area that could impact the property’s value or insurability? Are there any planned developments or zoning changes in the vicinity that could affect the property’s future use or value? What are the total annual costs including management fees, council rates, and body corporate levies? Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been recently inspected for compliance with building codes and safety standards? Are there any ongoing disputes or issues within the strata or complex that prospective buyers should be aware of?

41/71-75 Lake Street, Cairns City, Qld 4870 - More Details

offers over $300,000

Welcome to a strong yielding investment opportunity that is few and far between, in the vibrant heart of CBD. Neat as a pin, recently refurbished and prime positioned. This affordable money spinner is primed to start bring you string returns from the day one.

A stellar location and a history of strong, holiday let performance, coupled with proactive onsite management, apartment 14 is as close to a perfect "set and forget" investment, that you'll ever find.

Features we love:
- $570 average weekly income, after management fees
- Impeccable location, in the heart of the CBD
- Recent internal refurbishment
- Spacious, modern kitchen with a stone bench tops and plenty of storage
- King sized bedroom with ample storage and wall mounted television
- Ducted air-conditioning to living room and bedroom
- Balcony overlooking the pool and city
- Sold fully furnished in turnkey condition
- Walking distance to the esplanade, lagoon, marina, dining and cafés
- Rooftop terrace, garden and pool
- Dedicated Onsite management and booking agent

The Figures
- Council rates: approx $3,300 per year
- Body corp levies: $10,947 per year
- Current sinking fund balance: $149,091
- Built in 1996

Sitting in such a convenient location that's an easy stroll from restaurants, cafes, shopping, entertainment and the stunning Cairns Esplanade, relaxation, indulgence and adventure are right at the door front for you and your guests to enjoy alike.

If you're looking for a terrific opportunity to make your money work harder for you or perhaps, a sensational holiday retreat that pays for itself, then this is what you've been waiting for.


For all inquiries or to arrange your inspection, call Tim Lyon on 0400 355 706
or Ryan Steinborner on 0474 640 592.


All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1
Area
49 m²

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