FOR SALE
$895,000

115 Charlotte Street
Cooktown QLD 4895

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 1002m2
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Commercial Building With 10% ROI

This well known commercial building is situated in a central position on the main street of Cooktown. The building has 3 long term tenants, the only operating bank in Cooktown, the ANZ Branch, the locally known Croc Shop that sells souvenirs and nick knacks to the many Tourists that visit Cooktown every year and on the ground level is a large open plan premises used by the local masseuse. There is rear access via Adelaide Street that also has a proposed waterfront reserve and recreation marina walkway designed to be constructed in the future. This prime centre zoned position is walking distance to other attractions such as historic building, history centres with clubs and restaurants nearby for people to grab a bite to eat. The premises next door is also the depot for the bus company that commutes between Cairns & Cooktown on a daily basis.
The owner is also selling the parcel of land beside it known as Lot 906 RP851371. The building will not be sold seperatly unless Lot 906 is already sold. Check out the advertisement for 117 Charlotte Street.
Contact your local agent for more information on the return on the investment.
Contact Ariah 0407 138 016
sales@cooktownrealestate.com

Property Details for 115 Charlotte St, Cooktown

Building Type
Commercial
Land Size
1002m2

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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 1,806 properties. Over the last 5 years, Houses in Cooktown have seen a 48.76% increase in median value, while Units have seen a 23.97% increase. As at 31 July 2024:

  • The median value for Houses in Cooktown is $319,691 while the median value for Units is $382,723.
  • Houses have a median rent of $500 while Units have a median rent of $315.
There are currently 69 properties listed for sale, and 3 properties listed for rent in Cooktown on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Cooktown.

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Ariah Bolton
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