OFF MARKET

70-72 Greenbank Road
Aeroglen QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3035m2
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Property Details for 70-72 Greenbank Rd, Aeroglen

Building Type
Commercial
Land Size
3035m2
Local Government
Cairns Regional
Lot/Plan
6/C198243

Last Listing description (December 2024)

Discover an exceptional storage/warehouse property located in the highly sought-after suburb of Aeroglen. This expansive site offers a generous land area of 3,035 sqm and a substantial building area of 1,000 sqm, making it an ideal investment for businesses looking to expand or take over the existing storage business already in place. The property boasts a fully operational storage facility, plus a high set Queenslander on site providing accommodation and office facilities.

Site and property benefits:
95 varying size storage sheds

6 carport storage bays
1 workshop facility
1 high-set Queenslander home/office

Business Benefits:
Fully operational storage facility self operated by the family for many years with low overheads
Current storage charges achieving a medium return with excellent scope for improvement
Currently running between 90-95% occupancy

Location Benefits:
Situated in Aeroglen, strategically located near key transport routes making it easily accessible for logistics and distribution
Known for its close proximity to the Cairns International and Domestic Airports, with direct access to the Smithfield hub and Northern beaches
Set amongst some of Cairns largest commercial businesses

Whether you are looking to invest, expand, or continue to owner/operate the current business, this property presents a remarkable opportunity in a prime location. Don't miss out on the chance to secure a valuable asset in this sought after area. For more information or to arrange a viewing, strictly by appointment only, please contact Exclusive Agents RWC Cairns today!

Property History for 70-72 Greenbank Rd, Aeroglen, QLD 4870

A timeline of how this property has performed in the market
  • 22 Oct 2024
    Listed for Sale Contact Exclusive Agents RWC Cairns
  • 14 Apr 2023
    Listed for Sale Contact Exclusive Agent Helen Crossley
  • 01 Oct 2021
    Listed for Sale Contact agents Helen and Grant for details

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About Aeroglen 4870

The size of Aeroglen is approximately 9.9 square kilometres. It has 2 parks covering nearly 2.8% of total area. The population of Aeroglen in 2011 was 404 people. By 2016 the population was 408 showing a population growth of 1.0% in the area during that time. The predominant age group in Aeroglen is 50-59 years. Households in Aeroglen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aeroglen work in a professional occupation. In 2011, 70.5% of the homes in Aeroglen were owner-occupied compared with 71.9% in 2016.

Aeroglen has 235 properties. Over the last 5 years, Houses in Aeroglen have seen a 49.53% increase in median value. As at 28 February 2025:

  • The median value for Houses in Aeroglen is $754,916 while the median value for Units is $564,924.
  • Houses have a median rent of $470.
There are currently 3 properties listed for sale, and no properties listed for rent in Aeroglen on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Aeroglen.

Suburb Insights for Aeroglen 4870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.