FOR SALE
Contact Agent Helen Crossley or Grant Timmins

588 Bruce Highway
Woree QLD 4868

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 492m2
Land area: 809m2
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Professional Freehold Building In Cairns - Investment

RWC Cairns is proud to bring to the market a compelling investment opportunity: a two-level, fully leased office building at 588 Bruce Highway, Woree, Cairns. This property is a robust acquisition with significant appeal to investors looking for a secure, flexible, and profitable addition to their portfolio.
Property Highlights:
Fully tenanted
Type: Professional Offices
Land Area: 809 sqm
Building Area: 492 sqm
This spacious office building features a well-designed layout, providing ample room for various configurations to suit your tenant's business needs.
The property is strategically positioned along the Bruce Highway, ensuring high-traffic exposure and easy access for clients and employees, with nearby amenities and services, including shops, restaurants, and public transport.
Key Features:
- Expansive modern office space with flexible floor plans
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Property Details for 588 Bruce Hwy, Woree

Building Type
Commercial
Floor Size
492m2
Land Size
809m2

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About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.

Woree has 2,875 properties. Over the last 5 years, Houses in Woree have seen a 63.32% increase in median value, while Units have seen a 80.79% increase. As at 31 October 2024:

  • The median value for Houses in Woree is $511,006 while the median value for Units is $247,042.
  • Houses have a median rent of $510 while Units have a median rent of $375.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Woree.

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Helen Crossley
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Grant Timmins
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RWC Cairns
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