Property Details for 12 Norman St, Gordonvale
Last Listing description (November 2021)
Rare Opportunity to secure Freehold Industrial Warehouses under $500k
Opportunity for an Owner Occupier to purchase a group of warehouses in Gordonvale just 20 minutes south of the Cairns CBD, or an Investor to secure a tenanted property.
515m2 approximately of Warehouses divided into 5 individual units with 4 tenants
Land Area 1012m2, a prominent corner site with rear laneway access.
No leases are in place creating opportunity to re-negotiate.
Masonry block construction, concrete slab floor, gable pitched iron clad roof, rear Male and Female shared toilets
Current Gross income $38000 pa approx. - no gst ( average just $73.80/m2)
UCV - $175000
This investment will not last long!
Property History for 12 Norman St, Gordonvale, QLD 4865
- 01 Nov 2021Sold for $465,000
- 21 Aug 2021Listed for Sale Rare Opportunity - Freehold Industrial Warehouses
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About Gordonvale 4865
The size of Gordonvale is approximately 57.2 square kilometres. It has 20 parks covering nearly 2.2% of total area. The population of Gordonvale in 2016 was 6671 people. By 2021 the population was 6944 showing a population growth of 4.1% in the area during that time. The predominant age group in Gordonvale is 10-19 years. Households in Gordonvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gordonvale work in a trades occupation.In 2021, 73.10% of the homes in Gordonvale were owner-occupied compared with 67.70% in 2016.
Gordonvale has 3,321 properties. Over the last 5 years, Houses in Gordonvale have seen a 101.36% increase in median value, while Units have seen a 129.24% increase. As at 31 December 2025:
- The median value for Houses in Gordonvale is $736,909 while the median value for Units is $511,939.
- Houses have a median rent of $650 while Units have a median rent of $280.
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