55 Sheridan StreetCairns City QLD 4870
Property Details for 55 Sheridan St, Cairns City
Last Listing description (July 2024)
Colliers Cairns are pleased to present to the market the multi-tenanted commercial premises located at 55 Sheridan Street, Cairns City. The property is being presented to the market For Sale by Expressions of Interest closing Thursday 7 March at 4pm.
The property currently houses a mix of retail tenancies and leased storage spaces offering an immediate holding income. The substantial 1,518m2* offering runs the entire depth of the block therefore benefiting from frontage onto both Sheridan & McLeod Streets. Located directly opposite Cairns Central Shopping Centre the property has excellent exposure, easy accessibility and convenient connectivity to major thoroughfares. The site is positioned to capitalise on its ideal location and the potential for whole site redevelopment in the future (STCA).
Features:
-Multi-tenanted with value-add potential
-Whole site redevelopment potential (STCA)
-Prime CBD location opposite Cairns Central Shopping Centre
-Dual street frontage onto two main thoroughfares
For more information, contact the marketing agents.
*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 55 Sheridan St, Cairns City, QLD 4870
- 04 Jul 2024Listed for Sale For Sale by EOI closing Thursday 7 March at 4pm
- 07 Feb 2024Listed for Sale For Sale by EOI closing Thursday 7 March at 4pm
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About Cairns City 4870
The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of 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 3,408 properties. Over the last 5 years, Houses in Cairns City have seen a 37.37% increase in median value, while Units have seen a 78.47% increase. As at 30 November 2025:
- The median value for Houses in Cairns City is $576,792 while the median value for Units is $587,408.
- Houses have a median rent of $610 while Units have a median rent of $598.
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