SOLD
Sold on 30 Sep 2024 for $960,000

7/2-4 Redlynch Intake Road
Redlynch QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 157m2
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Property Details for 7/2-4 Redlynch Intake Rd, Redlynch

Building Type
Commercial
Year Built
2009
Floor Size
98m2
Land Size
157m2
Local Government
Cairns Regional
Lot/Plan
7/SP220755

Last Listing description (October 2019)

LOT 6:
- Two frontages in centre of complex
- Off street parking for customers

- Pylon signage opportunities
- 73 sqm retail space
- Rear access
- Potential as office space
- Asking rental $26,000 pa plus GST (if applicable)
- Asking sale price $275,000 plus GST (if applicable)

LOT 7:
- Established pizza shop
- 84 sqm retail shop
- Fully fitted out
- Cold room and oven

The shops are extremely well located at the T-intersection of Intake Road and Kamerunga Road and the property is highly visible with great street presence. Redlynch Shopping Village is in a unique position and is directly opposite the Red Beret Hotel.

Should you require any additional information or wish to inspect the property please do not hesitate to contact Knight Frank.

Knight Frank Cairns is regarded as a market leader locally. Knight Frank has the benefit of an Australian and worldwide network of high quality commercial agency, valuations, property management, research and consulting services. Knight Frank provides strategic advice, forecasting, consultancy, insight and independent expert advice, and has longevity in the local market for analysis and historical data. Knight Frank prides itself on their excellence of knowledge in commercial office, industrial, retail, hotel and leisure, development and englobo sites, project management and special uses such as age care, medical, vacant land and self-managed super funds etc.

Knight Frank Cairns are proven market leaders with a substantial track record in both selling and leasing a variety of commercial property through our comprehensive databases.

Property History for 7/2-4 Redlynch Intake Rd, Redlynch, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$960,000
30 Sep 2024
Listed for Rent
$26k/w
02 Oct 2019
  • 30 Sep 2024
    Sold for $960,000
  • 29 Aug 2019
    Sold for $522,500
  • 15 Jul 2019
    Listed for Sale Contact Agent
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About Redlynch 4870

The size of Redlynch is approximately 25.4 square kilometres. It has 23 parks covering nearly 3.6% of total area. The population of Redlynch in 2011 was 8,645 people. By 2016 the population was 9,729 showing a population growth of 12.5% in the area during that time. The predominant age group in Redlynch is 40-49 years. Households in Redlynch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redlynch work in a professional occupation. In 2011, 70% of the homes in Redlynch were owner-occupied compared with 71.6% in 2016.

Redlynch has 4,237 properties. Over the last 5 years, Houses in Redlynch have seen a 48.59% increase in median value, while Units have seen a 81.41% increase. As at 31 October 2024:

  • The median value for Houses in Redlynch is $737,492 while the median value for Units is $436,347.
  • Houses have a median rent of $700 while Units have a median rent of $493.
There are currently 64 properties listed for sale, and 13 properties listed for rent in Redlynch on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Redlynch.

Suburb Insights for Redlynch 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.