24 Hoare StreetManunda QLD 4870
Property Details for 24 Hoare St, Manunda
Last Listing description (September 2024)
RWC Cairns is excited to present to the market this freehold commercial kitchen for sale - the Iconic Apex Milk Bar and Cafe.
Seize an unparalleled opportunity to invest in the Cairns market with this outstanding commercial kitchen in an exceptionally high-profile area. This shop offers the exposure and presence that any business would benefit from. Plus there's the possibility of splitting the tenancy and renting one side of the shop.
The shop boasts an excellent corner position fronting Hoare Street and leading into Aumuller Street with exposure to pedestrians and vehicles all day long.
A rare opportunity to buy a freehold building in this position - located just across the road from the home of Cairns Basketball, United Cricket Club, Saints AFL grounds and neighbouring Trinity Bay State High School and TAFE Colleges.
Do not miss this opportunity to buy a solid investment in this highly desirable location.
Key property attributes:
Well-established owner operated business
Building size: 220sqm
Land area: 478sqm
Off street parking for four vehicles with gate access 4.5m wide
Fantastic exposure and signage opportunities
Large windows with exposure to a ton of customers every year
Exclusive use of the undercover area in front of the shop
Potential to re-establish the side courtyard dining area
Large side and rear area for deliveries or re-establish outdoor seating
Amenities include a full commercial kitchen, cold rooms, PWD-compliant bathroom and storage rooms
Exhaust and grease trap installed
Take advantage of the already installed 20kW solar system
Plenty of on-street parking options on Hoare Street and Aumuller Street
Explore the possibility of splitting the tenancy to generate more income
Conveniently positioned on this bustling thoroughfare on Hoare Street. The property is run as a successful caf and can be purchased as a going concern. Or turn your thoughts and imagination to locating your business name here.
For more information on this opportunity please contact Grant Timmins or Susan Doubleday - RWC Cairns.
Property History for 24 Hoare St, Manunda, QLD 4870
- 09 Sep 2022Listed for Sale Contact agent Grant Timmins for details
- 04 Apr 2022Listed for Sale Asking price is $550,000 + GST if applicable
- 08 Oct 2021Listed for Sale Asking price is $595,000 + GST
Recent sales nearby
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About Manunda 4870
The size of Manunda is approximately 4.2 square kilometres. It has 12 parks covering nearly 16.2% of total area. The population of Manunda in 2016 was 5390 people. By 2021 the population was 5191 showing a population decline of 3.7% in the area during that time. The predominant age group in Manunda is 20-29 years. Households in Manunda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manunda work in a community and personal service occupation.In 2021, 41.20% of the homes in Manunda were owner-occupied compared with 38.30% in 2016.
Manunda has 3,150 properties. Over the last 5 years, Houses in Manunda have seen a 77.87% increase in median value, while Units have seen a 146.82% increase. As at 30 November 2025:
- The median value for Houses in Manunda is $618,808 while the median value for Units is $359,429.
- Houses have a median rent of $465 while Units have a median rent of $420.
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