23/239 Lake Street, Cairns NorthQLD 4870

Apartment · 2 bed · 1 bath · 1 car · 75 m²

Offers Over $399,000

Listing detail

23/239 Lake Street, Cairns North

Listing data updated 8 June 2026

2 bed1 bath1 car75 m² land

Positioned on the top floor of the well-maintained Reef Gateway Apartments, this loft-style residence presents an outstanding opportunity for investors seeking strong returns in a blue-chip Cairns North location. Within walking distance to the Cairns Hospital and Esplanade, the property offers alongside a low-maintenance lifestyle. Currently tenanted at $550.00 per week until October 2026, it offers a secure, set-and-forget investment with immediate income. Property Profile: • Unique loft-style apartment • Two well-sized bedrooms • Functional kitchen with ample storage • Open plan living and dining • Central bathroom with combined laundry • Air-conditioned for year-round comfort • NBN connected • Undercover car parking • Rental Income: Currently achieving $550.00 per week until October 2026 Complex Features: • Resort-style swimming pool with covered entertainment area • Onsite manager Cairns North continues to be one of the region's most desirable inner-city suburbs, known for its proximity to the CBD, Esplanade, hospital, and everyday amenities. With its unbeatable location, solid rental return, and desirable complex amenities, this property represents an exceptional opportunity to secure a quality investment or future residence in thriving Cairns North. Contact 'The Ray Murphy Team' today to register your interest! Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

RealistIQ deal score

Watch value signal

52

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 23/239 Lake Street, Cairns North before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is $32,000 below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $336,000 - $527,000Wider ranges mean more uncertainty.
RealistIQ estimate$431,000
Market price guide$399,000
$336,000$527,000

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Property features

Features detected from the listing details.

Kitchen & utilities

Internal laundryBroadband internet

Outdoor & building

Swimming pool

From description

Resort-style swimming pool with covered entertainment area

Listing details

Status
Offers Over $399,000

Agent and agency

Contact

Ray Murphy

Agency

Ray White - Cairns, Cairns Beaches & Palm Cove

External listing
larger land

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