SOLD
Sold on 26 Jan 2024 for $1,680,000

15 Fearnley Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 631m2
Land area: 911m2
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Property Details for 15 Fearnley St, Portsmith

Building Type
Commercial
Floor Size
631m2
Land Size
911m2
Local Government
Cairns Regional
Lot/Plan
4/SP239265

Last Listing description (November 2023)

Perfectly positioned in the heart of the rapidly expanding marine maintenance facility and fully leased to one of Australia's major marine manufacturing and maintenance companies.

TOTAL BUILDING AREA: 631m


- Ground floor office/showroom: 115m
- Warehouse: 356m
- First floor office or residence: 160m

LEASE DETAILS:

- Tenant: BSE Cairns Slipways Pty Ltd
- Lease Term: 10 year lease commencing 01 December 2020
- Current Net Rental: $104,531 + GST

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Property History for 15 Fearnley St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,680,000
26 Jan 2024
Listed for Rent
29 Apr 2019
  • 26 Jan 2024
    Sold for $1,680,000
  • 02 Nov 2023
    Listed for Sale For Sale By Formal Offer
  • 04 Feb 2019
    Sold for $1,000,000
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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, 13 properties were sold in the past 12 months in Portsmith.

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