108 Spence Street, Parramatta Park, QLD 4870 sold on 28 October 2025 | OnTheHouse
SOLD
Sold on 28 Oct 2025 for $879,000

108 Spence Street
Parramatta Park QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 405m2
Sold By
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Go Commercial - Woree Cairns
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Property Details for 108 Spence St, Parramatta Park

Building Type
Commercial
Land Size
405m2
Local Government
Cairns Regional
Lot/Plan
10/RP701347

Last Listing description (January 2023)

This is a fantastic opportunity for an experienced mechanic or auto professional to relocate or start your own business.

108 Spence Street has been a successful location for over 20 years and now seeks a new tenant. The location is as good as it gets for customer convenience being a short walk to the CBD.


The property includes all mechanical equipment, including air compressors, diagnostics machines and three hoists. The 300 sqm workshop has side access to the rear as well as a reception area and office of 25 sqm.

* Complete mechanical workshop
* 300 sqm workshop and 25 sqm office
* Previously Repco certified
* 3 Hoists
* 500 metres from Cairns Central Shopping Centre

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Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 32 years and incorporates three departments into the one office; a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Property History for 108 Spence St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$879,000
28 Oct 2025
Listed for Rent
$1.15k/w
19 Jan 2023
  • 28 Oct 2025
    Sold for $879,000
  • 21 Oct 2022
    Listed for Rent - Price not available
  • 23 Aug 2021
    Sold for $685,000
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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2016 was 3508 people. By 2021 the population was 3621 showing a population growth of 3.2% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation.In 2021, 33.00% of the homes in Parramatta Park were owner-occupied compared with 29.80% in 2016.

Parramatta Park has 1,950 properties. Over the last 5 years, Houses in Parramatta Park have seen a 59.31% increase in median value, while Units have seen a 108.39% increase. As at 30 November 2025:

  • The median value for Houses in Parramatta Park is $707,766 while the median value for Units is $479,570.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Parramatta park on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in Parramatta park.

Suburb Insights for Parramatta Park 4870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.