18/253-255 Lake St, Cairns North, Qld 4870

Stylishly renovated and superbly located, Apartment 18 offers a fresh take on tropical apartment living. Positioned within the popular Central Plaza Hotel complex, this upgraded 1-bedroom apartment is fully furnished and self-contained—ideal for savvy investors.

The 72m² layout has been tastefully modernised, featuring a bright open-plan living, dining, and kitchen space that flows onto a private balcony—perfect for enjoying Cairns’ tropical climate. Situated just behind Cairns Base Hospital and only a block from the Esplanade, this is a prime location for professionals, hospital staff, and holidaymakers. The property is particularly popular with doctors, nurses, and medical staff on locum placements, thanks to its close proximity to the hospital precinct and flexible short-term leasing options. Whether you're an investor or future part time occupier, the convenience here is hard to beat.

MOMENTS FROM:
•	Cairns Private Hospital
•	Tennis courts, skate park & leafy parklands
•	Trendy cafés, restaurants & local favourites
•	The Esplanade boardwalk, Lagoon & waterfront precinct
•	Cairns CBD – just a 5-minute walk
•	Zoned for the highly regarded Cairns State High School

This premium location attracts healthcare professionals, corporate travellers, and families alike—making it an investment opportunity with real staying power.

KEY FEATURES:

•	Beautifully renovated spacious 1-bedroom apartment with modern updates
•	Fully furnished and self-contained with quality furniture
•	Tenancy in place until September 2025
•	Private balcony with breezy shutters for comfort and privacy
•	Full-size kitchen and appliances
•	Air-conditioned throughout with tiled living areas
•	Sleek, updated ensuite bathroom
•	Internal laundry with washer and dryer
•	Secure underground parking
•	Resort-style pool, BBQ area, and tropical gardens

INVESTMENT SNAPSHOT:

•	Rental income: $550 per week (with potential for a rental increase at the end of the current 
        lease in September 2025)
•	Council Rates: Approx. $3,000 p.a.
•	Body Corporate Fees: Approx. $7,312 p.a.
•      Strong appeal to healthcare professionals on short- to medium-term contracts, including 
       doctors and nurses working at nearby hospitals

Currently under a secure tenancy until September 2025, this property is delivering steady returns from day one. It's a set-and-forget investment in a consistently high-demand location.

While the complex allows for short-term stays of up to three months at a time, this particular unit is currently leased, providing immediate income security. For more information regarding occupancy regulations or usage guidelines, prospective buyers are encouraged to contact Cairns Regional Council directly.

The Cairns property market is experiencing solid growth, driven by low vacancy rates, strong rental yields, and an ongoing influx of both lifestyle buyers and medical professionals. Cairns city remains one of Queensland’s top-performing regional markets. Continued infrastructure investment and increased demand for centrally located accommodation add to the long-term upside. Located just a short stroll from the Esplanade, cafés, hospital precinct, and restaurants, 

Apartment 18 is a standout opportunity—renovated, tenanted, and superbly located for ongoing returns. Contact Naomi today to arrange your private viewing or to request further details.