305/71-75 Lake Street, Cairns CityQLD 4870

Apartment · 1 bed · 1 bath · 1 car

$299,000

Listing detail

305/71-75 Lake Street, Cairns City — photo 1 of 5
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305/71-75 Lake Street, Cairns City

Listing data updated 8 June 2026

1 bed1 bath1 car
  • Positioned in the heart of the city, this well-appointed 1-bedroom, 1-bathroom apartment presents an outstanding opportunity for savvy investors seeking strong returns and consistent occupancy. Currently operating as a successful short-term holiday rental, this property delivers an impressive turnover and is perfectly suited for Airbnb or holiday letting. With high demand from both business and leisure travelers, it offers immediate income potential from day one. The apartment features a modern layout, a private balcony with stunning city views, and access to a resort-style pool, making it highly appealing to guests year-round. Located within a secure complex with underground parking, it provides both comfort and convenience in a premium urban setting. Key Features: - 1 spacious bedroom, 1 modern bathroom - Secure underground parking - Private balcony with city views - Resort-style pool within the complex - Proven high-performing short-term rental - Strong occupancy and turnover rates - Positioned in a prime CBD location Whether you’re expanding your portfolio or entering the short-term rental market, this is a rare chance to secure a low-maintenance, high-demand investment in a blue-chip location. $9,972.00 - Body corp. fees inclusive of electricity and water Rates - $3200.00

RealistIQ deal score

Strong value signal

91

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 305/71-75 Lake Street, Cairns City before you inspect or make an offer.

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Estimate vs market price guide

Market price guide is 20%+ below RealistIQ estimate

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

RealistIQ estimate range: $308,000 - $483,000Wider ranges mean more uncertainty.
RealistIQ estimate$395,000
Market price guide$299,000
$308,000$483,000

12-month Property Outlook

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Property features

Features detected from the listing details.

Outdoor & building

Swimming poolBalcony / deck

Security & access

Secure parking

Listing details

Status
$299,000

Agent and agency

Contact

Freeman's Real Estate

Agency

Freeman's Residential - CAIRNS

External listing
larger land

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