SOLD
RECENT ADVICE
Sold on 19 Jun 2024 for $620,000

1/95-97 Spence Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 321m2
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Property Details for 1/95-97 Spence St, Portsmith

Building Type
Commercial
Floor Size
321m2

Last Listing description (June 2024)

Here is the perfect commercial premises to create your own nest egg of wealth, rental appraisal $70,000 per annum

• Approximately 321m under roof
• Seven designated rooms

• Foyer or reception space upon entrance
• Located on Level one
• Two toilets rooms, two storage rooms, hand wash room
• Each room is extra large in size and air conditioned
• Perfect for a multitude of options as an income
• Two car parking underneath
• Five minute walk to the CBD
• Empty and ready to move in upon purchase

Property History for 1/95-97 Spence St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$620,000
19 Jun 2024
  • 14 Jun 2024
    Transferred for $682,000
  • 17 Aug 2023
    Listed for Sale Auction
  • 29 Sep 2022
    Listed for Sale Contact Agent
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About Portsmith 4870

The size of Portsmith is approximately 15.6 square kilometres. It has 2 parks. The population of Portsmith in 2011 was 236 people. By 2016 the population was 248 showing a population growth of 5.1% in the area during that time. The predominant age group in Portsmith is 20-29 years. Households in Portsmith are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Portsmith work in a trades occupation. In 2011, 58.8% of the homes in Portsmith were owner-occupied compared with 60% in 2016..

Portsmith has 547 properties. Over the last 5 years, Houses in Portsmith have seen a 60.82% increase in median value, while Units have seen a -19.00% decrease. As at 31 October 2024:

  • The median value for Houses in Portsmith is $533,346 while the median value for Units is $383,978.
  • Units have a median rent of $0.
There are currently 1 property listed for sale, and 2 properties listed for rent in Portsmith on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Portsmith.

Suburb Insights for Portsmith 4870

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Contact agent
Patrick Kenny
Show contact details
Ray White Cairns South
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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.