5/310-316 Lake Street, Cairns North QLD 4870

Ground floor apartment in a tightly held Cairns North complex | 138 m² with private outdoor area | Good school catchment and secure parking | Strong rental demand indicated by comparable building data This property presents a practical buying case for an owner-occupier or investor seeking low-maintenance living in a well-located complex. The ground-floor position with direct outdoor access is a genuine advantage in this market, as it offers privacy and ease of use not found in upper-level units. The 138 m² floor area is generous for a two-bedroom apartment, and the inclusion of secure parking, pool and spa amenities, and proximity to Edge Hill State School and Cairns State High School strengthens its appeal to families or professionals. Comparable rental data from the same building suggests solid demand, though the exact rental yield for this unit remains unconfirmed from the visible evidence alone. The main constraint is the unresolved price picture, as no current asking price is definitively available across sources. Body corporate costs of approximately $4,374 per year require verification for this specific unit, as they may affect affordability. The renovation status beyond the kitchen and appliances is not fully established, so the property may need further inspection to confirm condition. Before confidence can be formed, the buyer must resolve whether the guide aligns with the building’s recent comparable sales and whether the body corporate levy is sustainable.