SOLD
Sold on 27 Feb 2024 for $2,750,000

140-144 Mcleod Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2028m2
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Property Details for 140-144 Mcleod St, Cairns City

Building Type
Land
Land Size
2028m2
Local Government
Cairns Regional
Lot/Plan
1/RP715176

Last Listing description (November 2023)

Area 2,640 sqm
Accommodation of four (4) titles
Zoned Commercial Precinct 1 Mixed Use

Frontage to McLeod Street approximately 59 sqm
Frontage to Upward Street approximately 30 sqm
Multitude of development uses
Application from a Residential/Commercial and mixed use
All offers will be presented

Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 33 years and incorporates three departments into the one office: a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Property History for 140-144 Mcleod St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$2,750,000
27 Feb 2024
  • 27 Feb 2024
    Sold for $2,750,000
  • 24 Jun 2019
    Listed for Sale Contact Agent
  • 21 Jun 2016
    Listed for Sale Not Disclosed
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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 3,344 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 44 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 141 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.