An outstanding opportunity exists to acquire a fully leased, freehold commercial building prominently positioned in the heart of the Gordonvale Central Business District. 54 Norman Street offers investors a high-quality, net-leased asset with two established tenants including a national employment services operator. This property represents a compelling value proposition.The building is a well-established single-storey commercial/retail premises located on a 339 m freehold lot, with a total building area of approximately 330 m. The property has undergone ongoing improvements and presents in excellent condition, with a brand new roof installed in 2025.Building Features New roof installed in 2025 significantly reducing near-term capital expenditure risk Automatic entry door enhancing accessibility and professional presentation Series of split-system air conditioning units throughout the premises Prominent business signage opportunities on the street-facing faade Internal amenities including toilets and a staff kitchen Added security via a roller shutter over the front entranceHeritage & Tenure HistoryThe building has a strong history of quality occupancy, originally operating as a Commonwealth Bank branch. It was subsequently occupied by a pharmacy for approximately 10 years, before current tenant commenced occupation in 2022. This continuity of tenancy reflects the building's enduring appeal and functionality within the Gordonvale CBD.Key Location Attributes Prime CBD positioning in Gordonvale's main commercial precinct High visibility and pedestrian access from Norman Street Servicing a broad catchment including Gordonvale township, Yarrabah and surrounding rural areas Approximately 25 km south of Cairns CBD via the Bruce Highway Strong government and employment services presence supporting demand for commercial tenanciesLand Area: 339m2 Property Type: Commercial Freehold Primary Use: Offices and or RetailTotal Building Area: 330m2 approximatelyFor further information, to arrange a property inspection, or to obtain an Information Memorandum, please contact the agent Scott Green scottgreen@atrealty.com.au or 0499 283 285Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
The size of Gordonvale is approximately 57.2 square kilometres. There are 20 parks, covering nearly 2.2% of the 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 3,317 properties. Over the last 5 years, Houses in Gordonvale have seen a 105.53% increase in median value, while Units have seen a 80.38% increase. As at 31 May 2026:
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