42 Mcleod Street, Cairns City, QLD 4870 sold on 13 March 2026 | OnTheHouse
SOLD
Sold on 13 Mar 2026 for $1,500,000

42 Mcleod Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 8
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Property Details for 42 Mcleod St, Cairns City

Building Type
Commercial
Local Government
Cairns Regional
Lot/Plan
1/RP715383

Last Listing description (January 2024)

Prime City Centre Commercial Gem - Secure Investment Opportunity

Phone enquiries - please quote property ID 32553.

Unlock the potential of this well presented and maintained commercial property nestled in the heart of the city centre. Boasting a stellar location and fully occupied by quality tenants with substantial lease agreements in place, this investment is a rare opportunity for those seeking a steady income stream.

Key Features:

Diverse Tenancies: Currently housing legal professionals, hairstylists, and massage therapists, the property caters to a variety of businesses, ensuring a vibrant and dynamic tenant mix.

Strategic Location: Situated just across from the bustling Cains Central Shopping Centre, the property enjoys maximum visibility and foot traffic, making it an ideal spot for businesses aiming for prime exposure.

Parking Convenience: A spacious on-site car park accommodating up to 8 vehicles enhances accessibility for both tenants and customers, a valuable asset in the city centre.

Solid Construction: The property stands out with a masonry solid ground level wall construction, robust timber first-floor structure, and an iron roof without leaks.

Generous Land Size: Spanning 509m2 of land in a prime city position and 277sqm of floor space.

Investment Appeal:
This commercial gem presents a rare opportunity in the CBD, promising not only a well-maintained property but also attractive net returns. Secure your stake in the city's thriving business landscape with this prime investment.

For further details or to schedule a viewing, please enquire. Don't miss out on this exceptional chance to own a lucrative piece of the city centre!

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 42 Mcleod St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,500,000
13 Mar 2026
  • 15 Nov 2023
    Listed for Sale Contact Agent
  • 09 Mar 2019
    Listed for Rent - Price not available
  • 22 Feb 2019
    Listed for Rent - Price not available
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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 3,419 properties. Over the last 5 years, Houses in Cairns City have seen a 60.75% increase in median value, while Units have seen a 56.07% increase. As at 31 July 2026:

  • The median value for Houses in Cairns City is $734,411 while the median value for Units is $606,586.
  • Houses have a median rent of $488 while Units have a median rent of $600.
There are currently 49 properties listed for sale, and 28 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 148 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.