43 Howard Street, Cooktown, QLD 4895 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$1650,000

43 Howard Street
Cooktown QLD 4895

Bedrooms: 13
Bathrooms: 9
Car spaces: 24
Land area: 20193.8135m2
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New Price-Priced to Meet the Market. Profitable Multi-Dwelling Investment

A consistently tenanted residential complex providing strong holding income, with rental returns exceeding operating expenses and debt servicing requirements to generate an annual surplus.
Set on a rare 5-acre residential-zoned holding, the property comprises 2 houses and 6 units with 100% occupancy and an established rental history. Complementing its immediate income stream is a professionally prepared subdivision concept that has been reviewed by an professional town planner and designed in accordance with current planning requirements, providing a clear pathway for future multi-lot development, subject to council approval.
Located within walking distance of schools, the hospital, town centre, botanic gardens and the riverfront, the property is well positioned to benefit from ongoing demand generated by essential services, major local employers and the expansion of Cooktown Hospital. A short walk to Finch Bay Beach further enhances its appeal to tenants and future residents alike.
Key Investment Features
Profitable residential investment
Approx. 5 acres of residential-zoned land
100% occupied with established tenants
Strong demand from essential service and healthcare workers
Professionally planned multi-lot subdivision opportunity
Four-street frontage providing future development flexibility
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Property Details for 43 Howard St, Cooktown

43 Howard St, Cooktown is a 13 bedroom, 9 bathroom BlockOfUnits with 24 parking spaces. The property has a land size of 20193.8135m2. The place is currently for sale with @realty.

Building Type
BlockOfUnits
Land Size
20193.8135m2
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About Cooktown 4895

The size of Cooktown is approximately 2145.1 square kilometres. There are 20 parks, covering nearly 19.8% of the total area. The population of Cooktown in 2016 was 2631 people. By 2021 the population was 2746 showing a population growth of 4.4% in the area during that time. The predominant age group in Cooktown is 60-69 years. Households in Cooktown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooktown work in a professional occupation.In 2021, 55.30% of the homes in Cooktown were owner-occupied compared with 54.10% in 2016.

Cooktown has 1,824 properties. Over the last 5 years, Houses in Cooktown have seen a 57.73% increase in median value, while Units have seen a 31.56% increase. As at 30 June 2026:

  • The median value for Houses in Cooktown is $450,687 while the median value for Units is $433,477.
  • Houses have a median rent of $850 while Units have a median rent of $340.
There are currently 45 properties listed for sale, and 1 property listed for rent in Cooktown on OnTheHouse. According to Cotality's data, 64 properties were sold in the past 12 months in Cooktown.

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Jamie Sail
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