SOLD
Sold on 07 Dec 2023 for $420,000

1/59-61 Spence Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 151m2
Land area: 151m2
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Property Details for 1/59-61 Spence St, Cairns City

Building Type
Commercial
Year Built
1996
Floor Size
151m2
Land Size
151m2
Local Government
Cairns Regional
Lot/Plan
1/BUP70109

Last Listing description (May 2023)

Location is essential for your place of business and you can't get a better location than this - within a two minute walk to Cairns Magistrates Court and less than one minute's walk to Post Office and Rusty's markets. Your favourite coffee shop is on the corner. Now that your staff are happy with the location what about the office?

Tenancy size 160 sqm NLA

Reception and waiting room leading to three good-sized offices all with natural light
A large boardroom (possible to be split to make more good sized offices if required)
From reception is a secured area with approximately 50 sqm of open plan office area
A large kitchen | lunchroom with plenty of storage
Shared off the back of the tenancy is a common area balcony that leads to male | female amenities including a shower
Two car parks are allocated (off the street and under an awning)

Available now.

Contact: Exclusive agents Grant Timmins, Susan Doubleday, Helen Crossley - Ray White Commercial Cairns.

Property History for 1/59-61 Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$420,000
07 Dec 2023
Listed for Rent
$862/w
25 May 2023
  • 07 Dec 2023
    Sold for $420,000
  • 03 Jan 2023
    Listed for Rent - Price not available
  • 13 Aug 2014
    Sold for $610,500
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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,345 properties. Over the last 5 years, Houses in Cairns City have seen a 27.27% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Cairns City is $509,824 while the median value for Units is $540,509.
  • Houses have a median rent of $630 while Units have a median rent of $560.
There are currently 33 properties listed for sale, and 46 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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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.