FOR SALE
$1,000,000

18 Hope Street
Cooktown QLD 4895

Bedrooms: 4
Bathrooms: 4
Car spaces: 5
Land area: 11300m2
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Lifestyle, Business or Development Opportunity

Welcome to this beautiful 4-bedroom, 4-bathroom home, with a commercial kitchen & dining area situated on alomst 2.8 acres of land. This stunning property is located at the entrance to town and has good commercial visibility with 2 street frontages & the main buildings set back behind tropical gardens allowing privacy.
The main building is accessed via a walled courtyard draped in tropical vines and palms. The interior boasts 4 well-appointed en-suite accommodation rooms with garden views & their own door to the patio. A huge central dining room with a bar, commercial kitchen, storeroom & office that was used to service the previous restaurant.
"Shadows of Mount Cook". A timber walkway leads from the dining area out to the gardens, inground pool with a waterfall & gazebo. The garden is a well-established, peaceful haven full of orchids, flowering vines, majestic trees & ferns, fruit trees & open areas with winding paths though varied landscapes. There is a simple care-takers accommodation & a quaint timber building currently utilized as a small store. The property is zoned mixed use for residential & or commercial use.
Formerly operating as a successful restaurant & B&B accommodation, the property has many potential uses. Cooktown has a housing shortage & an excellent rental return, a growing tourism market & a need for quality accommodation & hospitality providers. Schools, hospital, events centre & the swimming pool are a short walk. With so many possibilities this property is a rare opportunity.
For a private inspection of this spectacular property contact your local agent today.
Ariah 0407 138 016
sales@cooktownrealestate.com

Property Details for 18 Hope St, Cooktown

18 Hope St, Cooktown is a 4 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 11300m2. The place is currently for sale with Cooktown Real Estate.

Building Type
House
Land Size
11300m2

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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 1,811 properties. Over the last 5 years, Houses in Cooktown have seen a 68.38% increase in median value, while Units have seen a 52.70% increase. As at 30 September 2024:

  • The median value for Houses in Cooktown is $345,912 while the median value for Units is $471,434.
  • Houses have a median rent of $500 while Units have a median rent of $315.
There are currently 71 properties listed for sale, and 3 properties listed for rent in Cooktown on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Cooktown.

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Ariah Bolton
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