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QLD › Cairns City › Esplanade

U603, 71-75 Esplanade, Cairns City QLD 4870

For saleApartment

$649,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

62 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000(Listing record · 29 June 2026)
  • FactLand 62 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Cairns City's advertised median rent ($583/wk), implied gross yield would be 4.67% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$649,000

Asking · $10,468/m² of land

No recorded sale for this property.

Cairns City at a glance

3,913

People

No data

Median sale

$583/wk

Median rent

No data

Suburb gross yield

See the full Cairns City report →

Total cost to purchase

Purchase Price
$649,000
Stamp Duty (Queensland)
$22,230
Transfer/Registration Fee
$2,436
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$677,366

$28,366 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Cairns City's advertised median rent — not a rent for this listing.

Net yield
3.17%
Annual cashflow (pre-tax)
$-13,167
Interest cover (DSCR)
0.61
Annual rent
$30,316
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
4.67%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$649,000available29 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $583/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cairns City in one glance

Cairns City at a glance

3,913

People

No data

Median sale

$583/wk

Median rent

No data

Suburb gross yield

See the full Cairns City report →

Keep researching

  • Why Cairns City? Read the area thesis →
  • What else is on the market in Cairns City →
  • Other records on Esplanade →

Listing material

Listed by Cairns Property Office City

Where the Coral Sea Meets the Heart of Cairns

Positioned on the sixth floor of one of Cairns’ most iconic waterfront addresses, Apartment 603 presents a rare opportunity to secure a beautifully presented residence where location, lifestyle and investment potential come together seamlessly. From your private balcony, take in breathtaking views across the Coral Sea and Cairns Lagoon.

A Location That Truly Has It All:

Occupying a premier position on the absolute waterfront and at the forefront of the Esplanade, Apartment 603 places you in the very heart of Cairns City. Step outside to award-winning restaurants, cafés, boutique shopping and the Cairns Lagoon, all just moments from your doorstep. Despite its vibrant inner-city location, the apartment offers a surprising sense of peace and privacy, creating a tranquil retreat above the energy of the city below.

Read the full description

PROPERTY HIGHLIGHTS

• Spectacular sixth-floor views across the Coral Sea and Cairns Lagoon

• Spacious 62m² one-bedroom apartment

• Updated bathroom vanity and basin featuring an oversized spa bath

• Immaculately presented with fresh coastal styling throughout

• Sold fully furnished with timeless white and neutral finishes

• Functional kitchen featuring quality appliances and integrated washing machine

• Light-filled open-plan living and dining area

• Expansive sliding doors opening onto a generous entertainer's balcony

• White timber louvres and louvre doors enhancing airflow and tropical charm

• Spacious bedroom with generous built-in storage

• Car parking not on title but available through Body Corp depending on availability and owner status

• Resort-style facilities including swimming pool, gymnasium and BBQ area

• Professionally managed complex with on-site management

• Flexible ownership options

Designed for Tropical Living:

The open-plan layout flows seamlessly from the kitchen and living areas onto the oversized balcony, creating the perfect indoor-outdoor setting. Whether entertaining friends, enjoying your morning coffee or simply soaking in the ever-changing waterfront views, every day feels like a holiday.

The generous bedroom offers a peaceful retreat with excellent storage, while the updated bathroom and oversized spa bath provide the perfect place to unwind after a day exploring the city, waterfront or Great Barrier Reef.

INVESTORS SNAPSHOT

Rates: $3,300 approx pa

Body Corp: $8,800 approx pa

Financial Statement upon request

For investors, Apartment 603 offers exceptional flexibility and strong appeal. The property is currently managed by the highly regarded on-site management team, who have an excellent reputation and maintain the apartment to an impeccable standard. However, owners also have the freedom to engage an external property manager or self-manage, allowing you to tailor your investment strategy to best suit your goals and lifestyle.

Combined with its blue-chip Esplanade location, exceptional holiday appeal and strong demand from both short and long-term accommodation markets, this property represents an outstanding opportunity to secure a high-performing asset in one of Cairns' most tightly held waterfront precincts.

Lifestyle Meets Investment:

Whether you're searching for a tropical city residence, a lock-and-leave lifestyle apartment or a premium investment, Apartment 603 at BreakFree Royal Harbour delivers an exceptional combination of views, convenience and versatility in one of Cairns' most sought-after locations.

Opportunities to secure an apartment with this outlook and flexibility are exceptionally rare. Contact Naomi today to arrange your private inspection.

Listing description written by Naomi Scowcroft, Cairns Property Office City — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 1

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.