SOLD
Sold on 30 Aug 2023 for $1,000,000

12 Shields Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 184m2
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Property Details for 12 Shields St, Cairns City

Building Type
Commercial
Land Size
184m2
Local Government
Cairns Regional
Lot/Plan
1/NR7844

Last Listing description (May 2023)

ADDRESS: 12 Shields Street, Cairns City, QLD 4870

LOCATION: Right in the heart on Cairns CBD, on Shields St, between Abbott and Lake St. Positioned on the busy thoroughfare between the Esplanade/Lagoon and Cairns Central Shopping Centre, making it one of the highest foot traffic areas in Cairns.


AREA: 239m

Property is best suited to retail, food or any commercial use.

FEATURES:

- 2 levels of glass frontage
- Prominent signage and street presence with a 9m frontage to Shields Street
- 183m of retail and 56m mezzanine (store & kitchen)
- 184m land area
- Concrete block construction
- High internal retail ceilings
- Fully air-conditioned
- Unique faade

Available For Sale or Lease

Offered as vacant possession - ready to be moved into.

Property History for 12 Shields St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,000,000
30 Aug 2023
Listed for Rent
$1.92k/w
10 May 2023
  • 30 Aug 2023
    Sold for $1,000,000
  • 15 Feb 2022
    Listed for Rent - Price not available
  • 03 Nov 2020
    Listed for Sale Contact Agent
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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 3,286 properties.

    There are currently 38 properties listed for sale, and 31 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Cairns city.

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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.