9 May Street, Cooktown, QLD 4895 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$850,000 Negotiable

9 May Street
Cooktown QLD 4895

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
Land area: 1012m2
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High Yield Investment Opportunity

Welcome to 9 May Street, Cooktown – A Triplex generating $1,340 a week, ($5,360 a month) making it an unmissable investment opportunity in Cooktown.
PROPERTY FEATURES:
High-Yield Investment – Strong rental returns with all three units leased to a government department.
Versatile Layout – 1 x 2-bedroom unit & 2 x 1-bedroom units, each with open-plan designs.
Tenant Comfort & Security – Air-conditioning, built-in wardrobes, security screens & private outdoor areas and more.
Convenient Parking – Single carports for each unit via a concrete driveway.
Low-Maintenance Construction – Durable masonry block build with easy-care gardens.
With the Cooktown Hospital expansion and other government departments growing, this is a rare investment opportunity.
A new lease has been negotiated and the Health Department (current tenants) will be renewing their lease for another 12 months with the option to of another 12 month extension.
Contact your local agent today to arrange a private inspection.
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Property Details for 9 May St, Cooktown

9 May St, Cooktown is a 4 bedroom, 3 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Cooktown Real Estate.

Building Type
BlockOfUnits
Land Size
1012m2
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About Cooktown 4895

The size of Cooktown is approximately 2145.1 square kilometres. It has 20 parks covering nearly 19.8% of 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 1,812 properties. Over the last 5 years, Houses in Cooktown have seen a 49.92% increase in median value, while Units have seen a 46.89% increase. As at 30 November 2025:

  • The median value for Houses in Cooktown is $370,857 while the median value for Units is $439,182.
  • Houses have a median rent of $850 while Units have a median rent of $325.
There are currently 35 properties listed for sale, and 5 properties listed for rent in Cooktown on OnTheHouse. According to Cotality's data, 71 properties were sold in the past 12 months in Cooktown.

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Ariah Bolton
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Cooktown Real Estate
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