SOLD
RECENT ADVICE
Sold on 04 Mar 2024 for $1,035,000

13A Spence Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 347m2
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Property Details for 13a Spence St, Cairns City

Building Type
Commercial
Floor Size
347m2
Local Government
Cairns Regional
Lot/Plan
2/RP717196

Last Listing description (March 2024)

Take the opportunity to announce your presence in this unique property ideally located in the heart of Cairns. Benefiting from its inner-city location, 13A Spence Street is a freestanding commercial building located on a busy sub-arterial road, strategically located close to the shopping strips and the commercial hub of Cairns City. Zoned as
Principal Centre, the zoning provides for the highest order of retail, commercial, employment, residential, administrative, community, cultural, recreation and entertainment activities. Potential uses for the property would include retail, office, hospitality and entertainment.

This versatile, multipurpose building comprises a two-level masonry block structure and is currently configured with retail on the ground floor and offices on level one. The ground floor is configured for an open plan retail tenancy of approx. 170 sqm. The level one tenancy comprises two separate offices and two large open plan areas, with the front of the tenancy overlooking Spence Street with natural light from 3 sides. Level one could also be utilised for residential purposes with each level having its own amenities and access, with both front and rear stair access. There is laneway easement access on Bank Lane for stock deliveries (map dimensions in floor plan).

The Facts:
NLA for level one is approx. 177 sqm (currently vacant)
Total NLA 347 sqm -170 sqm of NLA on ground floor & 177 sqm on Level 1

Features:
- Substantial Street frontage -Prime CBD location
- Combination of retail (ground floor) and office space (1st floor)
- Major signage opportunity.
- 2 kitchenettes
- Internal toilet
-external toilet
- 4 petitioned offices within floor plan
- Cairns busiest street locality.

Proudly brought to you by the David Murphy from RE/MAX Cairns. Contact us today to register your interest!

All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property History for 13a Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,035,000
04 Mar 2024
Listed for Rent
$1.63k/w
04 Dec 2023
  • 04 Mar 2024
    Sold for $1,138,500
  • 09 Jan 2024
    Listed for Sale OFFERS OVER $1MILLION
  • 14 Nov 2023
    Listed for Rent $85,000 / year
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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 3,283 properties.

    There are currently 34 properties listed for sale, and 32 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Cairns city.

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    Contact agent
    David Murphy
    Show contact details
    Ray Murphy
    Show contact details
    Ray White Cairns
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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.