120 Mcleod StreetCairns City QLD 4870
Property Details for 120 Mcleod St, Cairns City
120 Mcleod St, Cairns City is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 607m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (February 2023)
DISTINCTOffered to the market for the first time in over 60 years, this property offers a rare and exciting opportunity to either develop or make this your inner-city home.Positioned on the corner of McLeod Minnie Street in Cairns City, the property sits on 607m2 with flexible commercial / mixed use zoning.Take advantage of the inner-city location and double exposure to both McLeod and Minnie Street.THE FACTS- Inner city location - Development opportunity (STCA)- Zoned Commercial / Mixed Use- Corner block on 607m2- Double exposure to McLeod Minnie Street- 4 bedrooms / 2 bathrooms / parking for 2 cars- Council rates $3,398 / year- Rental appraisal $500 / week- Land bank for future development- Built 1959Upstairs - Kitchen lounge room- 3 bedrooms- Bathroom separate toilet- Air-conditioning Downstairs- Legal height- 1 bedroom granny flat with a living area / kitchenette separate bathroom- Extra storage- Laundry
Property History for 120 Mcleod St, Cairns City, QLD 4870
- 14 Oct 2022Sold for $680,000
- 14 Sep 2022Listed for Sale Under Contract
- 01 Oct 1997Transferred
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0About 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.
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