Positioned in the busy North Sheridan Centre at 1/361-363 Sheridan Street, Cairns North, this ground floor commercial allotment offers excellent exposure to both vehicular and pedestrian traffic. Surrounded by established tenants including Subway, Australia Post, Bang Media and Terry White Chemist, the property benefits from high footfall and ample customer parking.
Currently leased on a periodic tenancy, it presents a flexible opportunity for both investors and owner-occupiers to secure a prime retail position in a sought-after location.
The Bottom Line:
IN-ROOM AUCTION
When: Monday, 18th June 2025
Where: The Bluewater Bar & Grill, The Lighthouse Room
Time: From 5:30pm
Contact David Murphy for a full Information Memorandum today.
Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/O9oG1
Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
The size of Cairns North is approximately 2.9 square kilometres. There are 6 parks, covering nearly 9.7% of the total area. The population of Cairns North in 2016 was 5191 people. By 2021 the population was 5334 showing a population growth of 2.8% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation.In 2021, 33.80% of the homes in Cairns North were owner-occupied compared with 29.20% in 2016.
Cairns North has 3,990 properties. Over the last 5 years, Houses in Cairns North have seen a 51.27% increase in median value, while Units have seen a 102.53% increase. As at 30 June 2026:
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