31 Mcleod StreetCairns City QLD 4870
Property Details for 31 Mcleod St, Cairns City
Last Listing description (February 2023)
Positioned on the high profile McLeod Street in central CBD with dual access from Water Street at the rear and minutes from Cairns Central, this freestanding building offers combined commercial and accommodation opportunity.
Features include:
Prominent street frontage
6 x accommodation rooms upstairs, fully tenanted
Onsite parking via easement from Water Street
Whilst the upper level of the property is currently short term accommodation, there is scope to reconfigure to further office space. The property generates a good return and ideal for someone wanting to operate the accommodation business.
Cairns currently represents an appealing opportunity for private investment, given the strong vision for the future and commitment to invest in critical public infrastructure that should transform and encourage continued growth in the region.
Contact: Agent Helen Crossley - Ray White Commercial Cairns for more information.
Property History for 31 Mcleod St, Cairns City, QLD 4870
- 17 Feb 2023Sold for $1,550,000
- 07 Sep 2022Listed for Sale Contact agent Helen Crossley
- 23 Feb 2022Listed for Sale Contact exclusive agent Helen Crossley
Recent sales nearby
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About 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 3,416 properties. Over the last 5 years, Houses in Cairns City have seen a 66.79% increase in median value, while Units have seen a 74.63% increase. As at 30 June 2026:
- The median value for Houses in Cairns City is $750,251 while the median value for Units is $638,168.
- Units have a median rent of $598.
Suburb Insights for Cairns City 4870
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