SOLD
Sold on 16 May 2024 for $925,000

67 Abbott Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 254m2
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Property Details for 67 Abbott St, Cairns City

Building Type
Commercial
Land Size
254m2
Local Government
Cairns Regional
Lot/Plan
1/RP715272

Last Listing description (June 2019)

ADDRESS: 67 Abbott Street, Cairns CBD

+ LAND AREA: 254m

+ Floor Area: - Ground Floor Retail 205m2*
- First Floor Store 47m2*
- Total 252m2*
+ FRONTAGE: 6m frontage x 50m depth

+ RPD: Lot 1 on RP715272 CTR 20577085

+ New 5 + 5 year lease from 01/08/2018
+ Lessee Australian Spirit Souvenirs Pty Ltd

+ CONSTRUCTION:
- Concrete slab
- Concrete masonry block wall
- Colorbond metal roof
- Roller shutter front door
- Ceiling lights & air-conditioning throughout
- Rear office, storeroom & toilets
- Rear car park for 2 vehicles

Property History for 67 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$925,000
16 May 2024
  • 16 May 2024
    Sold for $925,000
  • 01 Apr 2019
    Listed for Sale Contact Agent
  • 21 Aug 2018
    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 3,345 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 47 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.