1 Reservoir Road, Manoora, QLD 4870 sold on 09 July 2025 | OnTheHouse
 
SOLD
Sold on 09 Jul 2025 for $1,350,000

1 Reservoir Road
Manoora QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 82m2
Land area: 587m2
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Property Details for 1 Reservoir Rd, Manoora

Building Type
Commercial
Floor Size
82m2
Land Size
587m2
Local Government
Cairns Regional
Lot/Plan
1/RP722835

Last Listing description (August 2023)

Superbly positioned on one of the busiest intersections in Cairns at the five ways where Reservoir Road meets Pease Street, this commercial freehold is fully leased and offers a high exposure investment property with strong passing income.
Improvements to the land area of 587m2 comprise of a single storey block retail building of 451m2 housing 6 retail shops. Features of the building include large glass front shop windows, large signage fascia's to both front and side, common toilets to the rear of the property and extensive angle parking for clients to the front of the building along with staff parking at rear.
The property houses several long-standing tenants, AAA Laundromat and Crazy Ox Carvery and Chinese Capital takeaway who have resided in the building for more than a decade along with a very successful phone and tablet sales and repairs business, a food take away and Maximise Physiotherapy clinic.

Each food tenancy has their own grease trap and extractor canopy, the building has had multiple upgrades and refurbishments to tenancies with all of the hard work done for the next owner.
The sale represents a rare opportunity to purchase a freehold property that is fully leased and positioned on one of Cairns busiest intersections with more than 40,000 passing cars daily.

Prime Freehold property
High exposure location on one of Cairns' busiest intersections
100% Fully Leased
Extensive fit-outs in place
Front angle parking
Rear tenant parking
Current passing income $136,555.27

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Property History for 1 Reservoir Rd, Manoora, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,350,000
09 Jul 2025
Listed for Rent
27 Feb 2023
  • 09 Jul 2025
    Sold for $1,350,000
  • 06 Jul 2023
    Listed for Sale Contact Agent
  • 22 Jul 2019
    Listed for Rent - Price not available
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About Manoora 4870

The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2016 was 6027 people. By 2021 the population was 6175 showing a population growth of 2.5% in the area during that time. The predominant age group in Manoora is 20-29 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation.In 2021, 37.40% of the homes in Manoora were owner-occupied compared with 32.00% in 2016.

Manoora has 3,162 properties. Over the last 5 years, Houses in Manoora have seen a 75.06% increase in median value, while Units have seen a 143.98% increase. As at 30 November 2025:

  • The median value for Houses in Manoora is $569,128 while the median value for Units is $387,588.
  • Houses have a median rent of $500 while Units have a median rent of $425.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Manoora on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Manoora.

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