FOR SALE
Contact Exclusive Agents RWC Cairns

70-72 Greenbank Road
Aeroglen QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1000m2
Land area: 3035m2
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Cairns Commercial Storage Opportunity

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
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Property Details for 70-72 Greenbank Rd, Aeroglen

Building Type
Commercial
Floor Size
1000m2
Land Size
3035m2

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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 232 properties. Over the last 5 years, Houses in Aeroglen have seen a 44.27% increase in median value. As at 30 September 2024:

  • The median value for Houses in Aeroglen is $688,963 while the median value for Units is $547,298.
  • Houses have a median rent of $470.
There are currently 5 properties listed for sale, and 1 property listed for rent in Aeroglen on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Aeroglen.

Suburb Insights for Aeroglen 4870

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Helen Crossley
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Grant Timmins
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RWC Cairns
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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 for any loss or damage arising in connection with the data and information contained in this publication.