FOR SALE
Sale Price Unavailable

7 Boundary Street
Cooktown QLD 4895

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 1923m2
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Industrial Potential 10% ROI

Imagine the name of your business on top of your shed right where majority of people when visiting Cooktown drive past. This large corner allotment is on the only roundabout in town that is a main thoroughfare for 5 directions. The total area of both these allotments is almost half an acre, 1923m2 and both parcels of land are on separate titles. Potential to sign a new lease for a return of 10% ROI with room to expand or sell the other block separately. Inside is an office, bathroom and 3 phase power, town water and sewerage all connected. With a bit of work to the building there is loads of potential including a drive through business.
Purchase both the land with the existing shed and the spare block for $259,000.
Contact your local agent for more information.
Ariah 0407 138 016
sales@cooktownrealestate.com

Property Details for 7 Boundary St, Cooktown

Building Type
Commercial
Land Size
1923m2

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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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