SOLD
Sold on 12 Oct 2023 for $6,105,000

5 Mount Koolmoon Street
Smithfield QLD 4878

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1565m2
Save

Property Details for 5 Mount Koolmoon St, Smithfield

Building Type
Commercial
Land Size
1565m2
Local Government
Cairns Regional
Lot/Plan
12/RP908382

Last Listing description (October 2019)

This substantial freehold building is well positioned within the established business and trade centre of the Cairns Northern beaches and comprises a modern multi-level commercial showroom and office complex developed to lock-up stage.
Smithfield is the business and trade centre of the Cairns Northern beaches, located approximately 15 kilometres north of the Cairns city centre. The surrounding area is characterised by predominantly signal level, high clearance warehouse or two storey commercial buildings, with very limited undeveloped sections remaining.
The building is of tilt slab and poured slab construction and substantially completed to lockup stage. The lift-well is installed with the lift itself on-site ready for installation. The current configuration allows for the building to be easily adapted to a variety and or combination of uses including office, services, retail or bulky goods subject to suitable approvals.

The property is offered for sale with development and building approvals, allowing any incoming buyer to complete the fit out to their own requirement.
Capable buyers have the unique and rare opportunity to capitalise on the extensive value retained in land and current improvements to deliver an exceptional building which will dominate the landscape.
5 Mount Koolmoon Street is offered for Sale by Expression of Interest closing Thursday 31 October at 4pm. For further information, please contact Jay Beattie on 0428 551 062 or Stacey Quaid on 0418 773 258.
Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australias own global real estate success story.

Property History for 5 Mount Koolmoon St, Smithfield, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$6,105,000
12 Oct 2023
  • 12 Oct 2023
    Sold for $6,105,000
  • 28 Nov 2019
    Transferred for $995,500
  • 27 Sep 2019
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

About Smithfield 4878

The size of Smithfield is approximately 13.1 square kilometres. It has 14 parks covering nearly 31.2% of total area. The population of Smithfield in 2011 was 3,707 people. By 2016 the population was 5,304 showing a population growth of 43.1% in the area during that time. The predominant age group in Smithfield is 20-29 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a professional occupation. In 2011, 63.7% of the homes in Smithfield were owner-occupied compared with 63.3% in 2016.

Smithfield has 3,653 properties. Over the last 5 years, Houses in Smithfield have seen a 62.88% increase in median value, while Units have seen a 59.75% increase. As at 31 July 2024:

  • The median value for Houses in Smithfield is $686,982 while the median value for Units is $368,696.
  • Houses have a median rent of $660 while Units have a median rent of $390.
There are currently 41 properties listed for sale, and 15 properties listed for rent in Smithfield on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Smithfield.

Suburb Insights for Smithfield 4878

Market Insights
Smithfield Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Smithfield Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.