SOLD
Sold on 31 Oct 2023 for $1,405,000

8 Hollingsworth Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 1191m2
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Property Details for 8 Hollingsworth St, Portsmith

Building Type
Commercial
Land Size
1191m2
Local Government
Cairns Regional
Lot/Plan
4/SP182463

Last Listing description (October 2023)

LAND AREA: 1191m

BUILDING AREA: 672m - Ground floor plus first floor offices of 61m


The property is currently divided into 2 tenancies.

FEATURES:

- Powder coated aluminum shopfronts to each tenancy
- Dual, electrically operated, front roller doors.
- Manual roller doors to the rear for ventilation
- Concrete tilt up walls to a 6m center height
- Fire rated dividing intertenancy wall
- Air conditioned offices both ground and first floor.

CURRENT NET PASSING RENTAL: $95,728 p.a. + GST

AVAILABLE OPPORTUNITIES:

- Occupy half and lease the other half
- Occupy the whole building
- Lease the whole building to one tenant
- Lease out both areas to 2 tenants.

*Areas are approximate

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Property History for 8 Hollingsworth St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,405,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $1,405,000
  • 18 Oct 2023
    Listed for Sale PORTSMITH INDUSTRIAL INVESTMENT
  • 03 Jul 2007
    Sold for $920,000
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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 543 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Portsmith on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Portsmith.

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