OFF MARKET

7 Redden Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2042m2
Land area: 4790m2
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Property Details for 7 Redden St, Portsmith

Building Type
Commercial
Floor Size
2042m2
Land Size
4790m2
Local Government
Cairns Regional
Lot/Plan
654/NR6983

Last Listing description (October 2023)

RWC as the exclusive agents are pleased to present to the market 7 Redden Street, Portsmith. A 4,790sqm* freestanding industrial facility to the market for sale via Expressions of Interest closing 29 Sept 2023 unless sold prior. Ideally located off Aumuller Street, this property provides a rare opportunity to acquire a large land holding in the tightly held Portsmith industrial precinct.

This property features the following:
2,170sqm* GLA over two buildings with a total 1,425sqm* of high clearance warehouse accessible via multiple roller doors

4,790sqm* rectangular site with a 40m* frontage to Redden Street and double-wide concrete crossover access
High Impact Industry Zone allowing for a range of industrial uses
Ample hardstand onsite ideal for container handling, truck manoeuvring & vehicle parking
Located centrally within the tightly held Portsmith Industrial precinct
Currently part occupied by month-to-month tenants
This property offers an opportunity for owner-occupiers, developers, and astute investors
THIS PROPERTY WILL BE SOLD. DO NOT MISS THIS RARE BUYING OPPORTUNITY!

For further information or to arrange an inspection please contact RWC marketing agent Ben Sands - 0432 547 164. For Sale via Expressions of Interest closing 29 September 2023 unless sold prior.
*Approx

Disclaimer:
RWC has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 7 Redden St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$2,500,000
08 Sep 2023
Listed for Rent
$1.92k/w
11 Nov 2011
  • 08 Sep 2023
    Sold for $2,500,000
  • 07 Aug 2023
    Listed for Sale EXPRESSION OF INTEREST CLOSING 29 SEPT 2023
  • 10 Nov 2020
    Sold for $1,353,000
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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, 14 properties were sold in the past 12 months in Portsmith.

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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.