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 2,889 properties. Over the last 5 years, Houses in Woree have seen a 64.54% increase in median value, while Units have seen a 83.30% increase. As at 30 November 2024:

  • The median value for Houses in Woree is $525,159 while the median value for Units is $256,040.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 123 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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