SOLD
Sold on 29 Feb 2024 for $29,500,000

43-47 Esplanade
Cairns City QLD 4870

Bedrooms: -
Bathrooms: 2
Car spaces: 2
Land area: 3570m2
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Property Details for 43-47 Esplanade, Cairns City

Building Type
Commercial
Land Size
3570m2
Local Government
Cairns Regional
Lot/Plan
1/RP736103

Last Listing description (June 2021)

What a location to operate your own business from - positioned on the corner of Spence Street and the Esplanade. These two stunning retail/office tenancies offer a sense of style and point of difference for any discerning business owner. Would suite office, beauty, food retail or other.

* Upmarket boutiques, retail or other
* Frame less shop front with features tiles surrounds

* Suspended ceiling, split system air-conditioning & concrete floors
* Modern pedestrian walking areas framed by manicured gardens
* Under awning signage areas to Landlord specifications to meet high retail standards,.
* Grease trap and former extractor fan ducting in 51m2 tenancy

Property History for 43-47 Esplanade, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$29,500,000
29 Feb 2024
Listed for Rent
$782/w
04 Jan 2021
  • 29 Feb 2024
    Sold for $29,500,000
  • 19 Mar 2020
    Listed for Rent - Price not available
  • 02 Jul 2015
    Sold for $20,000,000

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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 3,345 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.
There are currently 34 properties listed for sale, and 45 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 140 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.