72-74 Spence StreetCairns City QLD 4870
Property Details for 72-74 Spence St, Cairns City
Last Listing description (November 2023)
Located near the corner McLeod and Spence Streets and only a short walk to Cairns Central Shopping Centre and Rusty's Markets.
310m2 Office space, 70-72 Spence Street Cairns CBD, with street frontage, excellent signage exposure and a bonus of 3 rear car parks access from via Ewan Lane. Total of 6 car parks, 3 tenancy.
Property Attributes
*Parking - 6 x off street parking bays at rear of property via laneway access or 3 per tenancy
*Fully Air conditioned
*Recently painted exterior
*Currently contains multiple individual offices with an additional large open plan area
The rear of the property has a kitchen with cold rooms (can be operational
again) or this area could be used as a large training room
Male and Female Toilets
Gross Rent: $72,750 pa + GST for each tenancy
Seeking a long term tenant, Landlord will consider rent incentives. Landlord is willing to consider any renovation or demolition proposals.
Businesses close by;
*Cairns Shopping Centre
*Bell Potter Securities
*Astley Associates Solicitors
*Far North Injury Lawyers
*The Will and All
*CPO Property
*Rusty's Markets
For more information or to arrange an inspection please contact Fiona Green At Realty 0428 875 804
Property History for 72-74 Spence St, Cairns City, QLD 4870
- 02 Jul 2024Sold for $1,200,000
- 16 Dec 2020Listed for Rent - Price not available
- 27 Feb 2003Sold for $720,000
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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.
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