SOLD
Sold on 14 Aug 2024 for $758,000

15A Aplin Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 97m2
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Property Details for 15a Aplin St, Cairns City

Building Type
Commercial
Land Size
97m2
Local Government
Cairns Regional
Lot/Plan
2/RP728600

Last Listing description (October 2024)

RWC Cairns presents for only the second time in 38 years a rare opportunity to purchase a fully tenanted CBD Mixed Use property.

Affordable price range
Showing excellent return

Rare CBD Commercial/Residential freehold

Entrenched in Cairns history, this three-storey terrace provides an opportunity for those with a vision to secure an affordable Commercial/Residential property in a tightly held position, metres from the Cairns Esplanade. Surrounded by a myriad of major hotels this unique Mixed Use zoned property is full of character with its bright white faade capturing the northern tropical sky amongst a continual procession of locals and tourists alike. The Besser block construction boasts an atrium and external window shades and whilst built on a compact land size of 97sqm the building offers much much more, comprising:

Level G: Retail, the renowned Cairns Burger Caf
Modern layout offering take-out and outdoor dining

Level 1: Residential, 2 bedroom apartment
Spacious open plan, light filled over looking Aplin Street

Level 2: -Residential, 1 bedroom apartment
Open plan layout with built in annex providing extra light & city views

Cairns and Far North Queensland are now very much in an exciting phase, as highlighted in a recent article by Advance Cairns, aptly describing our Regional Profile:

As Australia's most global regional city, Cairns is a prosperous, growing, and investment-ready regional centre located in the heart of Tropical North Queensland. Strategically located between two World Heritage listed sites - the Great Barrier Reef and the Wet Tropics Rainforest - the region is more than just a world-class tourist destination; it is fast becoming known for its tropical expertise in health, agriculture, marine science, engineering, construction, and education. The region is well connected to the rest of Australia and, through direct airline links to eight countries, (and more to come) has competitive access to significant global markets. With easy access to the Pacific via Cairns International Airport and the Cairns sea port, and with road and rail links to major Australian cities, the region has unrivalled connectivity to northern Australia.

An inspection is a must and will confirm the long-term viability of this site. Please contact Helen or Susan for further information. Inspections are strictly by appointment only and in line with residential tenancy requirements.

Property History for 15a Aplin St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$758,000
14 Aug 2024
Listed for Rent
$380/w
30 Aug 2021
  • 14 Aug 2024
    Sold for $758,000
  • 22 Jul 2024
    Listed for Sale Contact exclusive agents RWC Cairns
  • 21 Jul 2021
    Listed for Rent $380 / week
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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 3,412 properties. Over the last 5 years, Houses in Cairns City have seen a 31.02% increase in median value, while Units have seen a 46.95% increase. As at 30 November 2024:

  • The median value for Houses in Cairns City is $508,907 while the median value for Units is $530,497.
  • Houses have a median rent of $535 while Units have a median rent of $560.
There are currently 32 properties listed for sale, and 46 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Cairns city.

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Ray White Commercial Cairns
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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.