53 Sheridan Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

53 Sheridan Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 127m2
Land area: 506m2
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Property Details for 53 Sheridan St, Cairns City

Building Type
Commercial
Floor Size
127m2
Land Size
506m2
Local Government
Cairns Regional
Lot/Plan
2/RP701365

Last Listing description (October 2023)

Introducing a prime commercial property located in the bustling heart of Cairns CBD, offering exceptional visibility and convenience. Situated on a major arterial road, this two-storey masonry block building commands a prominent position, ensuring maximum exposure for any business venture.

The ground floor of this versatile property is currently utilized as a physiotherapy practice, presenting a fantastic opportunity for professionals in the healthcare industry or those seeking a ready-to-operate space. With its well-appointed rooms, reception area, kitchenette, M/F bathrooms, and ample onsite parking facilities, it caters to the needs of both practitioners and patients alike.

Ascending to the upper level, you'll discover a spacious and comfortable residential unit. Boasting a separate entrance, this living space offers privacy or the ideal live/work balance. The residential unit can serve as a convenient owner's accommodation or be leased out to generate additional income.

PROPERTY BREAKDOWN:
- 131m2 downstairs (5 consultation rooms, reception, kitchenette, male & female amenities)
- 99m2 upstairs (2-bedroom, 1-bathroom, updated kitchen, lounge/living)
- 8 potential onsite carparks with electric gate access plus ample off-street parking

This property's strategic location in Cairns CBD positions it amidst the vibrant commercial hub, surrounded by a multitude of businesses, shops, cafes, amenities and only a short walk to Rusty's Markets. Its proximity to major transportation routes ensures easy accessibility for clients and customers.

With its desirable attributes, such as a prominent arterial road frontage, sturdy masonry construction, and the flexibility to house both commercial and residential purposes, this property represents an excellent investment opportunity. Don't miss out on the chance to secure a prime space in one of Cairns' most sought-after locations. Contact David Murphy for an Information Memorandum today!

Property History for 53 Sheridan St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$750,000
02 Jun 2015
Listed for Rent
$350/w
29 Apr 2021
  • 30 May 2023
    Listed for Sale ALL OFFERS CONSIDERED !
  • 09 Feb 2018
    Listed for Rent - Price not available
  • 02 Jun 2015
    Sold for $750,000
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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 3,423 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.
There are currently 56 properties listed for sale, and 27 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 143 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.