FOR SALE
EXPRESSIONS OF INTEREST

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Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1700m2
Land area: 3057m2
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Mega Share House for Sale

Phone enquiries - please quote property ID 25976.
Income generating asset plus development potential (STCA)
Large freehold investment property with two street frontages. Currently operating as a Mega Share House opposite Munro Martin Park and moments from Cairns City Centre. Good business with many rooms currently tenanted with good residents who have been there a long time. Fully fenced and secure lot with multiple buildings, a three bedroom managers accommodation onsite including secure off street parking. Easy to manage and profitable with room to expand if desired. Accommodation business has listings on popular websites.
PROPERTY DETAILS
RPD: Lot 11 RP: 748875
Total Land Area: 3056m2
Dimensions: Frontage to Grafton Street - 60 meters and Minnie Street - 50 Metres
Title Encumbrances: Nil. There are no easements on the property.
Zone: Medium Density Residential
TENANCY: There are currently casual but long term tenants in place.
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Property Details for Contact Agent For Address, Cairns City

Building Type
Commercial
Floor Size
1700m2
Land Size
3057m2

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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 3,286 properties.

    There are currently 38 properties listed for sale, and 31 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Cairns city.

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