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3/247 Sheridan Street Cairns North, QLD 4870

Sold for $250,000 on 19 Sep 2025Floorplan
  • 1 Bed
  • 1 Bath
  • 1 Car
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3/247 Sheridan Street, Cairns North, QLD 4870

Unit in Cairns North

Ground Floor Apartment | CBD Fringe Convenience - Cash Cow!

  • 1 Bed
  • 1 Bath
  • 1 Car

Perfectly positioned within a neat and secure complex of just 14 residences, this ground-floor apartment presents an excellent opportunity for both investors and owner-occupiers alike. Offering vacant possession or the option to continue with a strong tenancy, the property provides flexibility and future potential.

Of solid construction and a practical layout, the combined living and dining area flows seamlessly into the kitchen, while the generous bedroom includes a walk-in robe and air-conditioning for year-round comfort.

With scope to refresh and add value, this is a prime opportunity to secure an affordable entry into the sought-after Cairns North market, only minutes from the CBD, Cairns Base Hospital, the Esplanade, and the airport.

Property Features:

  • One-bedroom apartment
  • Spacious bedroom with walk-in robe and split-system air-conditioning
  • Functional kitchen and combined living/dining area
  • Secure, gated complex with carport on title
  • Two-street access with separate pedestrian entry
  • Live-in, lock-up, or investment potential

Additional Details:
Body Corporate Fees: approx. $2,697 per annum
Rental Appraisal: $375 - $395 per week
Currently Tenanted: Until Jan 2026 at $375 per week
Council Rates: approx. $1,670 per half yearly

This is the perfect set-and-forget investment or a fantastic opportunity to live in and update at your leisure in one of Cairns' most convenient city-fringe locations.

Combining lifestyle, convenience, and affordability, contact Natasha on 0487 154 973 to avoid disappointment. Please note that a minimum of 48 hours' notice is required for inspections due to the existing tenancy agreement.

Land:

66m² / 0.02 acres

Parking:

1 carport space

Bedrooms:

1

Bathrooms:

1