Offers Over $315,000

1 Bed  •  1 Bath  •  1 Car  •  62m²

Main view of Homely apartment listing, 38/257-259 Lake St, Cairns North QLD 4870
Second view of Homely apartment listing, 38/257-259 Lake St, Cairns North QLD 4870
Third view of Homely apartment listing, 38/257-259 Lake St, Cairns North QLD 4870
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38/257-259 Lake St, Cairns North QLD 4870

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Offers Over $315,000

  • 1
  • 1
  • 1
  • 62m²

Apartment for sale

What's around Lake St

Apartment description

“Versatile City Escape – Prime Position Near Hospitals & Esplanade”

Welcome to Apartment 38, perfectly located on Level 1 of the highly sought-after Central Plaza Hotel. This fully furnished 1-bedroom apartment offers a flexible investment or lifestyle opportunity, ideal for those seeking strong returns or a short-term personal base in Cairns. Spanning 62m², the apartment features a spacious open-plan layout, complete with a modern kitchen, fully tiled living area, and a private balcony—perfect for soaking up the tropical lifestyle.

Approved for short-term stays of up to three months, this apartment can be holiday let through the onsite management team or via any platform of your choice, offering full flexibility to maximise income potential. Making this apartment perfect for holiday letting, visiting professionals, or seasonal use. Its location directly opposite Cairns Base Hospital and just one block from the Esplanade makes it a top pick for professionals, visitors, and holidaymakers year-round.

PRIME POSITION:

• Cairns Private Hospital – just around the corner
• Public tennis courts, skate park & green parklands nearby
• A variety of local cafés, restaurants & eateries to explore
• The Esplanade, Lagoon, and scenic waterfront just a block away
• Only a short 5-minute walk to Cairns CBD
• Located within the catchment for sought-after Cairns State High School


KEY FEATURES:

• Fully furnished and self-contained 1-bedroom apartment
• Flexibility to holiday let via onsite management or external platforms
• Private balcony with cooling breezes and tropical views
• Full-sized kitchen with quality appliances
• Air-conditioned living space with tiled flooring
• Internal laundry with washer and dryer
• Secure underground parking
• Resort-style pool, BBQ area, and tropical gardens

OUTGOINGS AND RETURNS:

• Rates: Approx. $3,000 per year
• Body Corporate Fees: Approx. $7,312 per year
• Income statement available upon request


ADDITIONAL INFORMATION:

This apartment is currently managed through the onsite holiday letting team, offering ease and professional service for owners. Whether you continue with the onsite management or choose to self-manage through platforms like Airbnb, the flexibility is yours. Apartment 38 is a hassle-free, income-generating investment in one of Cairns North’s most convenient and high-demand locations.

With an unbeatable location near medical services, restaurants, cafes, and the Esplanade, this property is the perfect blend of investment potential and lifestyle appeal.

Apartment 38 is an ideal addition to any portfolio—offering flexibility, location, and reliable income in one tidy package.

Contact Naomi today to arrange your private inspection and secure this outstanding opportunity in the heart of Cairns North.

Property features

livingAreas

Living Areas: 1

toilets

Toilets: 1

Land details

Area: 62m²

Inspection times

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Fifth view of Homely apartment listing, 38/257-259 Lake St, Cairns North QLD 4870View more

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38/257-259 Lake St, Cairns North QLD 4870
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