FOR SALE
Sale Price Unavailable

3/71 Lake Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 49m2
Land area: 48m2
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Cairns CBD Commercial Opportunity

Colliers Cairns are pleased to present to the market the commercial premises located at 3/71 Lake Street, Cairns City. The property is being offered for sale for the listed price of $350,000 + GST.
Ideally positioned under the Inn Cairns Hotel, this retail property is located in the heart of the Cairns CBD. Offering 48m2* of versatile space, the property has rear door access for deliveries and access to shared amenities, and plenty of on-street parking close by. An abundance of natural light ensures a welcoming environment for customers and staff alike.
Positioned on Lake Street between Spence and Shields Streets, the subject property is situated in a high vehicle and high foot traffic area, offering great exposure and signage opportunities.
Features:
- 48m2* versatile space
- Frontage onto Lake Street in Cairns CBD
- Rear door delivery access
- Access to shared amenities
- Ample signage opportunity
- Prominent street frontage in high foot traffic area
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Property Details for 3/71 Lake St, Cairns City

Building Type
Commercial
Floor Size
49m2
Land Size
48m2

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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 3,410 properties. Over the last 5 years, Houses in Cairns City have seen a 31.02% increase in median value, while Units have seen a 46.95% increase. As at 30 November 2024:

  • The median value for Houses in Cairns City is $508,907 while the median value for Units is $530,497.
  • Houses have a median rent of $535 while Units have a median rent of $560.
There are currently 32 properties listed for sale, and 44 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Cairns city.

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Patsy Bucknor
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Colliers International (Cairns)
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