SOLD
RECENT ADVICE
Sold on 20 Dec 2024 for $425,000

4/92 Abbott Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 246m2
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Property Details for 4/92 Abbott St, Cairns City

Building Type
Commercial
Year Built
2000
Land Size
246m2
Local Government
Cairns Regional
Lot/Plan
4/SP127912

Last Listing description (December 2024)

Exciting Commercial Opportunity in the Heart of Cairns City.

Property Shop is delighted to offer a prime 145m professional office suite situated in the vibrant Cairns CBD. This exceptional space is nestled among a dynamic mix of residential, retail and food outlets. Located just a short stroll from the Esplanade Precinct this suite is perfectly positioned for convenience and exposure.

Outstanding features include:

Spacious 145m strata area with large open plan offices, 2 private offices or conference rooms and reception/waiting-room
Large kitchenette
Fully air-conditioned for your comfort
Abundant natural light streaming in from south-facing windows
Access to toilet facilities on ground level
On-site parking available for 3 cars totaling 60m
Situated within a bustling precinct surrounded by a wide array of commercial, retail and residential establishments

This office suite currently has a tenant on their second option of 2 years paying $41,375 plus GST per year until 10 June 2026.

The current business is operating as a security business and training center.

For further information or to arrange an inspection please don't hesitate to contact Lance Richards from Property Shop Cairns.

Property History for 4/92 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$425,000
20 Dec 2024
Listed for Rent
$9.58k/w
19 Apr 2023
  • 20 Dec 2024
    Sold for $425,000
  • 29 Oct 2024
    Listed for Sale Expressions of Interest
  • 26 Jul 2024
    Listed for Sale Expressions of Interest
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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 3,411 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 33 properties listed for sale, and 45 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Property Shop 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.