FOR SALE
$16,000

11/129A Lake Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 9m2
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Is this Australia's smallest and cheapest office?

Welcome to this unique property located at 11/129A Lake Street in Cairns City. This 9sqm space offers a variety of possibilities for those with a creative mind. Situated in the heart of the city, close to public transport, parking and a multitude of excellent cafes and just minutes to stroll along the Esplanade. The property is on the ground floor, just inside the building entry and fully equipped with built in cabinetry.
The property is being sold as a going concern with a tenant currently in place on a week/week basis, so ideal for an investor wanting a small holding in Cairns CBD. Alternatively the space is ideal for a FIFO worker coming to Cairns and needing an address, and a spot to work. Don't miss out on this opportunity to own a piece of Cairns City (albeit small) - contact Exclusive Agents Ray White Commercial Cairns for pricing and more information.

Property Details for 11/129a Lake St, Cairns City

Building Type
Commercial
Floor Size
9m2

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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,345 properties. Over the last 5 years, Houses in Cairns City have seen a 27.27% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Cairns City is $509,824 while the median value for Units is $540,509.
  • Houses have a median rent of $630 while Units have a median rent of $560.
There are currently 34 properties listed for sale, and 47 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Cairns city.

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Susan Doubleday
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RWC Cairns
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