FOR SALE
Sale Price Unavailable

283-297 Lyons Street
Westcourt QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 1.01ha
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Substantial Freehold with Mixed Development Potential

Colliers are pleased to offer for sale the substantial freehold parcel located at 283-297 Lyons Street, in Westcourt, Cairns City. The property presents the opportunity to acquire a strategic land holding in one of Cairns City's inner suburbs, minutes from the CBD. The property is offered to the market For Sale by Expressions of Interest closing Wednesday 13 December at 4pm.
The vacant site comprises 1.01Ha* of freehold land and offers the potential for a mix of development options including residential uses, community uses and small-scale services, facilities and infrastructure to support local residents.
Located within Westcourt, and zoned medium density residential, the site is 3km* from the Cairns CBD and in proximity to major shopping centres, sporting arenas and main thoroughfares.
Features:
-Substantially sized 1.01Ha* parcel
-Cleared and relatively level site
-Zoned Medium Density Residential
-Proximity to Cairns CBD and surrounding thoroughfares
-Well serviced and located to accommodate a variety of uses
-Limited comparable properties of scale available in the area
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Property Details for 283-297 Lyons St, Westcourt

Building Type
Commercial
Floor Size
1m2
Land Size
1.01ha

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About Westcourt 4870

The size of Westcourt is approximately 1.6 square kilometres. It has 4 parks covering nearly 8.9% of total area. The population of Westcourt in 2011 was 3,904 people. By 2016 the population was 3,906 showing a population growth of 0.1% in the area during that time. The predominant age group in Westcourt is 20-29 years. Households in Westcourt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Westcourt work in a professional occupation. In 2011, 30.2% of the homes in Westcourt were owner-occupied compared with 32.2% in 2016.

Westcourt has 2,153 properties. Over the last 5 years, Houses in Westcourt have seen a 56.69% increase in median value, while Units have seen a 70.67% increase. As at 30 November 2024:

  • The median value for Houses in Westcourt is $542,555 while the median value for Units is $339,360.
  • Houses have a median rent of $483 while Units have a median rent of $390.
There are currently 8 properties listed for sale, and 8 properties listed for rent in Westcourt on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Westcourt.

Suburb Insights for Westcourt 4870

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Contact agent
Stacey Quaid
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Chris O'Driscoll
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Colliers International (Cairns)
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.