18 Lake StreetCairns City QLD 4870
Property Details for 18 Lake St, Cairns City
Last Listing description (May 2024)
Colliers Cairns are pleased to present to the market a commercial strata office unit situated on Lake Street in Cairns City. The property is for sale for $355,000.
Positioned on the third level of the "Traveltown" complex, the commercial office unit provides a total area of 217m2*. The current configuration consists of three stand-alone tenancies, all of relatively equal proportions - and leased to three different tenants. Each tenancy comprises open plan space plus air-conditioning, with the centre tenancy complete with a kitchenette.
Offering an income of more than $38,000pa, this commercial office is positioned amongst numerous other professional and corporate offices. The property offers great networking potential to the occupant with a wide selection of popular cafes, restaurants and other retail outlets at your doorstep.
Features:
- Passing income of $38,000* pa
- Fully tenanted
- Centrally located strata office
- Flexible floor plan, currently configured into three separate offices
- Allocated off-street carpark
For more information, contact the agent.
*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.
Property History for 18 Lake St, Cairns City, QLD 4870
- 25 Feb 2023Listed for Sale Affordable commercial CBD office suite
- 01 Sep 2002Sold for $650,000
- 23 Mar 1994Sold for $4,980,000
Recent sales nearby
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0About Cairns City 4870
The size of Cairns City is approximately 2.1 square kilometres. There are 3 parks, covering nearly 6.3% of the total area. The population of Cairns City in 2016 was 2737 people. By 2021 the population was 3616 showing a population growth of 32.1% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation.In 2021, 47.30% of the homes in Cairns City were owner-occupied compared with 46.40% in 2016.
Cairns City has 3,424 properties. Over the last 5 years, Houses in Cairns City have seen a 65.47% increase in median value, while Units have seen a 53.26% increase. As at 31 August 2026:
- The median value for Houses in Cairns City is $741,867 while the median value for Units is $606,251.
- Houses have a median rent of $488 while Units have a median rent of $600.
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