262 Lake Street · North Cairns
Fourteen suites.One investment-grade asset.
A purpose-built, 14-suite co-living development on a corner site in North Cairns. Full details, including pricing, are available on enquiry.
The Opportunity
A purpose-built
co-living
asset class.
262 Lake Street is a three-storey, 14-suite co-living development on a corner site at Lake Street and McKenzie Street, North Cairns. Each suite is a self-contained private space, grouped around shared kitchen, dining and entertaining areas that give residents a genuine sense of community.
Co-living is an emerging, institutional-grade asset class, and the rental case here is built on an independent appraisal referencing Knight Frank and Savills research. Full financial details are available on enquiry.
Originated and structured by Landmarx Development
Highlights
Why 262 Lake Street
Emerging Asset Class
Knight Frank and Savills recognise co-living as an emerging, institutional-grade asset class in Australia, backed by strong structural demand across Far North Queensland.
Individual Electricity Metering
Each suite is individually metered, allowing operating costs to be recovered directly from residents.
Solar Power
Rooftop solar power reduces common-area running costs across the building, benefiting every resident.
Secure, Keyed Access
A sliding electric gate and key fob entry system control access to the site and building for every resident.
Lift-Serviced Building
A central lift services all three levels, making every floor equally accessible for residents and guests alike.
Single Asset, Simple Structure
Sold as a single, straightforward asset rather than by individual room, keeping ownership and management simple.
Corner Site Location
Positioned on a corner block at Lake Street and McKenzie Street, giving the building frontage and access from two streets.
Inside Each Suite
Fully self-contained,
by design.
- →Private bedroom with built-in robe
- →Private lounge area
- →Kitchenette with benchtop, sink and cabinetry
- →Fully self-contained ensuite bathroom
- →Two split-system air conditioning units
- →Individual electricity metering and hot water system
Shared Spaces
Private suites, resort-style amenity
Pool & BBQ Entertaining
An in-ground pool and a paved BBQ and cinema entertaining area anchor the ground floor, shared by residents across all three levels.
Shared Kitchen & Dining
Four shared kitchen and dining areas, two on each upper floor, each fitted with a full oven, induction cooktop and rangehood.
Central Lift
A central lift services all three levels from the ground floor entry, making every level equally accessible.
On-Site Parking
Ground floor parking is accessed directly from McKenzie Street, right at the corner of the site, near the main entry.
Bin & Bike Storage
A dedicated, secure storage area for bins and bicycles is provided at ground level for all residents to use.
Landscaped, Gated Grounds
A sliding electric gate and landscaped grounds frame the corner site, with solar power supporting the building.
Enquire Now
Own a fully built co-living asset
262 Lake Street is now selling. Leave your details and a member of the Landmarx team will walk you through the opportunity and send you the full information memorandum.
LANDMARX · 262 Lake Street
This information is indicative only and subject to change. Seek independent advice before investing.