OFF MARKET

316 Sheridan Street
Cairns North QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 104m2
Land area: 628m2
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Last updated 11 Nov 2024
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Property Details for 316 Sheridan St, Cairns North

316 Sheridan St, Cairns North is a 3 bedroom, 2 bathroom House. The property has a land size of 628m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Floor Size
104m2
Land Size
628m2
Local Government
Cairns Regional
Lot/Plan
8/RP707964

Last Listing description (January 2022)

Udo Jattke is excited to announce this rare and exciting opportunity - the REX is up for grabs! In its day, this building housed the infamous Rex Burger Bar which brought customers far and wide to feast in the delicious flavours.

Located along the desirable and busy Sheridan Street business district, this iconic building has had a complete makeover. With the immaculate fit out being completed both upstairs and down, it is now ready and waiting for its new owners to move straight in and the instructions are to SELL! The 628m2 land area encompasses retail space downstairs and residence upstairs.

Downstairs

The building is a prime, multi-use retail investment! Be it a burger bar, fish and ships, take-away, or even a well-positioned office and shopfront, the retail possibilities are endless.

Features include:

Open plan entryway with space for 'dine in' customers
Large kitchen complete with brand new cooking facilities
Large storage space

Upstairs

The Queenslander residence with separate side access has an eclectic feel the moment you walk in. Completely revamped and fully air-conditioned, this is the icing on the cake.

Features include:

3 bedrooms - master with walk-in robe
2 bathrooms (1 upstairs, 1 down)
Polished timber floors
Airconditioned throughout
Large kitchen and open plan living space
Large workspace underneath
Large backyard complete with fruit trees
Backing on to parklands

Rarely does a building like this come on the market in such a superb location.

Contact me today for an information pack - 0417 740 550

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Property History for 316 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$615,000
12 Oct 2021
Listed for Rent
04 Jul 2019
  • 12 Oct 2021
    Sold for $615,000
  • 24 Jun 2019
    Listed for Sale $675,000 + GST
  • 24 Jun 2019
    Listed for Rent - Price not available
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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,944 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 41 properties listed for sale, and 35 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Cairns north.

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