SOLD
Sold on 12 Sep 2024 for $1,420,000

117-125 Toogood Road
Woree QLD 4868

Bedrooms: -
Bathrooms: -
Car spaces: 50
Land area: 17144m2
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Property Details for 117-125 Toogood Rd, Woree

Building Type
Commercial
Land Size
17144m2
Local Government
Cairns Regional
Lot/Plan
2/SP145489

Last Listing description (May 2024)

RWC Cairns has the pleasure to formally offer to the market this unique sporting facility in the fringe suburbs of Woree and Bayview Heights, currently showing good return with the potential to increase revenue.

An opportunity exists for an investor or group of investors to own this sporting complex - The Grounds Hub with the potential to develop remaining undeveloped land and expand on the return. i.e. storage sheds.

The Grounds Cairns is a state-of-the-art purpose-built sporting facility that boasts FNQ's first ever FIFA rated, world class artificial turf fields complete with many specialist sporting services. The ultimate sporting hub, The Grounds is home to Caravella Football Academy, FNQ Fives, FNQ Dance Academy, Next Level Training Academy, Nexus Combined Martial Arts and Pizza Loca Cantina.

Land size 17.144 ha
Multi-tenanted sports and recreation facility with a good nett return
Main building tenanted by 6 long-term supporting businesses
Sporting facility including FIFA quality playing fields
Ideally located close to local shops, schools and medical facilities, and less than a kilometre from the Bruce Highway

For more information regarding this opportunity contact exclusive agents Grant Timmins or Helen Crossley - RWC Cairns.

Property History for 117-125 Toogood Rd, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$1,420,000
12 Sep 2024
Listed for Rent
$345/w
14 Feb 2024
  • 12 Sep 2024
    Sold for $1,420,000
  • 27 Feb 2023
    Listed for Sale Offers over $2.3M
  • 12 Oct 2022
    Listed for Sale Contact Agent
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About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.

Woree has 2,888 properties. Over the last 5 years, Houses in Woree have seen a 64.54% increase in median value, while Units have seen a 83.30% increase. As at 30 November 2024:

  • The median value for Houses in Woree is $525,159 while the median value for Units is $256,040.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 23 properties listed for sale, and 7 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Woree.

Suburb Insights for Woree 4868

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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.