43 Howard StreetCooktown QLD 4895
Property Details for 43 Howard St, Cooktown
43 Howard St, Cooktown is a 13 bedroom, 9 bathroom Unit with 24 parking spaces. The property has a land size of 20230m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (August 2026)
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
Connected to town water, sewerage and electricity services
Existing Improvements
6 renovated one-bedroom units
2 renovated three-bedroom homes
Separate granny flat
Undercover parking
Fully air-conditioned throughout
Tiled flooring
Upgraded kitchens, bathrooms and internal finishes
Location Highlights
Walking distance to schools
Walking distance to Cooktown Hospital
Close to major employers and government services
Walk to town centre, botanic gardens and riverfront
Short walk to Finch Bay Beach
Private setting adjoining bushland
An outstanding opportunity to secure immediate income from a fully leased residential complex while benefiting from the long-term value and development opportunities offered by a substantial residential landholding.
Property History for 43 Howard St, Cooktown, QLD 4895
- 02 Jan 2026Listed for Sale Not Disclosed
- 26 Nov 2020Listed for Rent - Price not available
- 28 Jan 2020Sold for $875,000
Recent sales nearby
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0About 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 1,839 properties. Over the last 5 years, Houses in Cooktown have seen a 50.75% increase in median value, while Units have seen a 63.54% increase. As at 31 August 2026:
- The median value for Houses in Cooktown is $445,345 while the median value for Units is $435,992.
- Houses have a median rent of $850 while Units have a median rent of $340.
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