SOLD
Sold on 07 Aug 2024 for $8,800,000

60-72 Cook Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 24016m2
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Property Details for 60-72 Cook St, Portsmith

Building Type
Commercial
Land Size
24016m2
Local Government
Cairns Regional
Lot/Plan
2/SP270355

Last Listing description (October 2019)

FOR SALE / LEASE

You have the choice of two properties depending on your requirements as they are both quite different.


Property Features:

LOT 1 OFFICE FITOUT IN PLACE, GROUND & LEVEL 1
Size: 369m2
Office: 217m2 air conditioned office
Courtyard: 16m2 screen
Warehouse: 144m2* with 6m roller door
Parking: 5 x allocated car spaces

LOT 2 - CORNER POSITION FRONTING TWO STREET
Size: 521m2
Warehouse: 521m2* with 2 x 6m roller door located at the side and rear of the property.
Parking: 4 x allocated car spaces

These property are located in a prime position at the Portsmith Trade Centre, fronting two Streets with good easy commercial heavy vehicle drive by access to Portsmith. Located approx. 5 minutes to the Cairns CBD and is the main Industrial area of Cairns.

Constructed as a full clear span building with concrete raft slab, concrete tilt wall, clear full span concrete tilt beams roof frame, steel purlins, insulation on metal deck roofing, commercial grade shop front and electric roller doors, what more could you want under one roof?

Each Lot has it own allocated front fascia signage panels so there is plenty of room to promote your businesses.

Located in each tenancy is their own kitchenettes, toilet amenities, allocated car parking, and energy efficient complaint recycling water storage.

For further information or arrange an inspection, please contact Karen Stabile from CBRE on 0412 626 397.

Property History for 60-72 Cook St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$8,800,000
07 Aug 2024
Listed for Rent
17 Sep 2019
  • 07 Aug 2024
    Sold for $8,800,000
  • 14 May 2019
    Listed for Sale Not Disclosed
  • 14 May 2019
    Listed for Rent - Price not available
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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.

Suburb Insights for Portsmith 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.