For the buyer who understands land, zoning and location, 384-386 McLeod Street represents one of the more compelling development opportunities currently available in Cairns North.
Positioned across a substantial 1,274m double block, this cleared site sits within the Medium Density Residential zone and offers the scale, flexibility and inner-city positioning developers and strategic investors actively search for, but rarely secure.
The previous dwelling has already been removed, leaving a clean and vacant site ready for its next chapter. Services are available to the property and currently capped at the entry, while approval has been obtained for the sewer main realignment, providing greater clarity around one of the key infrastructure considerations for future development.
Concept plans have been prepared for either five dwellings or four larger residences, along with multi story appartments giving purchasers the ability to assess multiple pathways depending on their preferred build strategy, end product and target market.
This is not just a block of land. It is a position play.
Moments from the Cairns CBD, Esplanade, hospitals, schools, transport corridors, shopping and lifestyle amenities, the location supports strong buyer and rental demand. For developers, builders and landholders, it offers the rare combination of size, zoning and central convenience in a market where quality infill sites are becoming harder to secure.
Whether your strategy is to develop, landbank or secure a medium density site with key preliminary work already progressed, 384-386 McLeod Street deserves serious attention.
Key Features:
Cleared 1,274m double block
Medium Density Residential zoning
No overlays advised
Previous dwelling removed
Services available and capped at entry
Concept plans prepared
Sewer main realignment DA approval obtained
Highly connected Cairns North location
Minutes from Cairns CBD, Botanical gardens, Esplanade, schools, hospitals and major amenities
Strong appeal for developers, builders, investors and strategic landholders
Opportunities with this level of scale, zoning and location do not present often.
Concept plans and supporting documentation are available upon request.
All development potential, approvals, services, zoning and future use are subject to the buyer's own enquiries and due diligence.
DISCLAIMER
The Industry Estate Agents is a licensed real estate agency but is not qualified as a builder, inspector, or valuer. Information provided is sourced from third parties for general guidance only. While we believe it to be reliable, we do not guarantee its accuracy, completeness, or currency, and accept no liability for errors or omissions. This is not building, pest, planning, or legal advice. Buyers should conduct their own physical inspections, due diligence, and relevant searches. Staging and digital enhancements may be used and should not be taken as a representation of the property's current state. Independent professional and legal advice is strongly recommended.
The size of Cairns North is approximately 2.9 square kilometres. There are 6 parks, covering nearly 9.7% of the total area. The population of Cairns North in 2016 was 5191 people. By 2021 the population was 5334 showing a population growth of 2.8% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation.In 2021, 33.80% of the homes in Cairns North were owner-occupied compared with 29.20% in 2016.
Cairns North has 3,870 properties. Over the last 5 years, Houses in Cairns North have seen a 50.11% increase in median value, while Units have seen a 94.51% increase. As at 31 August 2026:
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