FOR SALE
$325,000

1 Walsh Close
Cooktown QLD 4895

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Land area: 4000m2
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Builder's Bargain!

Regretful Sale Due to Health Reasons
This is an incredible opportunity to secure a 4000 m² block with approved development plans for a 4-bedroom, 2-bathroom steel frame home and a 9x9 meter shed. Located just 5 minutes from Cooktown, on the road to the stunning beaches of Quarantine and Weary Bays, the mouth of the Annan River, and the golf course.
The hard work has been done, and the plans have been approved. Once completed, the property has been professionally appraised with a sales value of $520,000 - $550,000 and 10% rental returns. Local professional builders estimate the project completion cost at $100,000, or substantially less for an owner-builder. This is a profitable opportunity for investors or owner-occupiers.
Property Features:
4000 m² Freehold Rural Residential Land
10x9 Meter Steel Shed
Includes cement slab foundation and internal stud walls
4-Bedroom, 2-Bathroom Steel Frame Kit Home
Comes with plans and instructions
Council and engineer-approved plans with Form 15 compliance
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Property Details for 1 Walsh Cl, Cooktown

1 Walsh Cl, Cooktown is a 6 bedroom, 2 bathroom House. The property has a land size of 4000m2. The place is currently for sale with Freeman's Residential.

Building Type
House
Land Size
4000m2

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About Cooktown 4895

The size of Cooktown is approximately 2,145.1 square kilometres. It has 20 parks covering nearly 19.8% of total area. The population of Cooktown in 2011 was 2,338 people. By 2016 the population was 2,635 showing a population growth of 12.7% in the area during that time. The predominant age group in Cooktown is 60-69 years. Households in Cooktown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooktown work in a professional occupation. In 2011, 52.5% of the homes in Cooktown were owner-occupied compared with 54.1% in 2016.

Cooktown has 1,809 properties. Over the last 5 years, Houses in Cooktown have seen a 70.65% increase in median value, while Units have seen a 40.26% increase. As at 31 August 2024:

  • The median value for Houses in Cooktown is $346,259 while the median value for Units is $433,043.
  • Houses have a median rent of $500 while Units have a median rent of $315.
There are currently 72 properties listed for sale, and 3 properties listed for rent in Cooktown on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Cooktown.

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Jamie Sail
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Freeman's Residential
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