$581,000

2 Bed  •  2 Bath  •  1 Car  •  119m²

Main view of Homely apartment listing, 33-33A/199-201 Lake St, Cairns North QLD 4870
Second view of Homely apartment listing, 33-33A/199-201 Lake St, Cairns North QLD 4870
Third view of Homely apartment listing, 33-33A/199-201 Lake St, Cairns North QLD 4870
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Sold

33-33A/199-201 Lake St, Cairns North QLD 4870

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$581,000

  • 2
  • 2
  • 1
  • 119m²

Apartment Sold on Fri 21 Mar, 2025

What's around Lake St

Apartment description

“Stylish, Spacious & Versatile – Ideal City Living or Investment Opportunity in the Heart of Cairns”

Located in a prime position just moments from the Cairns Esplanade, this exceptional 119m² dual-key apartment offers the perfect blend of lifestyle and investment potential. Positioned on the third level, it boasts captivating sea views, refreshing year-round breezes, and an enviable location that places you at the heart of everything Cairns has to offer. Whether you’re seeking a vibrant city lifestyle or a solid investment in a thriving property market, this apartment is the perfect opportunity.

LOCATION & LIFESTYLE:

The location of this apartment is truly unbeatable. Situated just a short stroll from both major hospitals and only a 10-minute walk to the bustling City Centre, you’ll enjoy the best of both convenience and coastal charm. Take early morning walks along the picturesque Esplanade, enjoy nearby cafes and restaurants, and immerse yourself in the vibrant atmosphere of the city, all while being moments away from your peaceful retreat. This property allows you to live your best life in one of Cairns' most sought-after areas.

For those seeking flexibility, this apartment offers a range of lifestyle and investment options. Live here permanently, rent it out for an attractive return, or take advantage of the on-site management services for a hassle-free investment experience. The dual-key design gives you the added advantage of renting out the two separate 1-bedroom units, creating two income streams from a single property. With the buoyant property market in Cairns, the potential is limitless.

KEY FEATURES:

• Fully Furnished & Modern: This apartment comes complete with contemporary, high-quality furnishings, ensuring a stylish and comfortable living environment from day one.

• Open, Airy & Freshly Painted: The apartment feels bright and welcoming with fresh paint throughout and an open, airy layout, offering an inviting space to live or entertain.

• Two Private Balconies: Enjoy dual access to two private balconies, with shutters for added privacy and the perfect spot to soak in the sea views and cool breezes.

• Fully Functional Kitchen: The well-equipped kitchen is ideal for cooking and entertaining, featuring modern appliances, ample counter space, and a welcoming layout.

• Newly Upgraded Ducted Air Conditioning & Spacious Living: Fully air-conditioned throughout and spaciously designed, ensuring a comfortable living experience year-round.

• Ensuite-Style Bathroom: The bathroom is designed for ultimate convenience, with a shower, bathtub, and modern finishes that provide a private sanctuary.

• Walk-In Robe with Mirrored Doors: A generous walk-in robe offers plenty of storage, while the mirrored doors add a touch of luxury and practicality.

• Internal Laundry: A dedicated internal laundry provides added convenience and functionality.

• Second Bedroom: A spacious second bedroom offers ample room for guests or family members, making this apartment suitable for a variety of living arrangements.

• Secure Parking & Elevator Access: With secure allocated parking and convenient elevator access, this apartment offers ease of living and peace of mind.

• Resort-Style Amenities: Enjoy access to the 20-meter swimming pool, BBQ area, and the opportunity to relax and unwind within the complex.


INVESTMENT POTENTIAL:

• Rates: Approximately $3,000 per annum
• Body Corporate Fees: Approximately $11,930 per annum
• Rental Appraisal: $660 per week, offering a strong potential return on investment
• Strong Investment Potential: With ongoing demand for short-term rental properties in this area, your investment is positioned for solid returns and long-term capital growth.
Annual Income Earning Potential Grossed over: $63k per year (please inquire for detailed income figures).

With its versatile layout, prime location, and the added bonus of two potential income streams, this apartment represents a rare opportunity for investors looking to secure a property in the heart of Cairns.

Don’t Miss Out on This Prime Property – Make 201 Your New Home or Investment Today!

Contact Naomi today to arrange a private viewing and see for yourself the endless possibilities this unique property offers!

Property features

livingAreas

Living Areas: 2

toilets

Toilets: 2

Land details

Area: 119m²
Fourth view of Homely apartment listing, 33-33A/199-201 Lake St, Cairns North QLD 4870View more
Fifth view of Homely apartment listing, 33-33A/199-201 Lake St, Cairns North QLD 4870View more

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33-33A/199-201 Lake St, Cairns North QLD 4870
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