146 Mulgrave RoadWestcourt QLD 4870
Property Details for 146 Mulgrave Rd, Westcourt
Last Listing description (April 2024)
Welcoming to the market this prime Commercial Opportunity - 146 Mulgrave Road, Bungalow.
An extraordinary opportunity awaits one lucky purchaser with this lovely freehold Queensland office. Situated in close proximity to the Cairns CBD, this property is well fitted out and boasts a prime location with excellent exposure to the busy Mulgrave Road. Stacks of parking to the rear is an added bonus. Unlocking vast investment potential, this property offers a unique dual-use setup. You have the option to utilize the ground floor as your office space while renting out the upper level, providing an excellent opportunity for maximising returns on your investment.
Currently vacant and primed for sale, don't miss out on this one-of-a-kind gem.
Property History for 146 Mulgrave Rd, Westcourt, QLD 4870
- 03 May 2024Sold for $770,289
- 24 Jul 2023Listed for Sale Contact Agent
- 09 Aug 2016Transferred for $370,000
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About Westcourt 4870
The size of Westcourt is approximately 1.6 square kilometres. It has 4 parks covering nearly 8.9% of total area. The population of Westcourt in 2011 was 3,904 people. By 2016 the population was 3,906 showing a population growth of 0.1% in the area during that time. The predominant age group in Westcourt is 20-29 years. Households in Westcourt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Westcourt work in a professional occupation. In 2011, 30.2% of the homes in Westcourt were owner-occupied compared with 32.2% in 2016.
Westcourt has 2,156 properties. Over the last 5 years, Houses in Westcourt have seen a 43.33% increase in median value, while Units have seen a 69.00% increase. As at 31 July 2024:
- The median value for Houses in Westcourt is $522,842 while the median value for Units is $310,885.
- Houses have a median rent of $515 while Units have a median rent of $380.
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