131-145 Draper StreetPortsmith QLD 4870
Property Details for 131-145 Draper St, Portsmith
Last Listing description (April 2023)
JLL Retail Investments are pleased to offer for sale the 100% freehold interest in Cairns Home Improvement Centre (CHIC), a Large Format Retail Centre ofpure convenience situated in Queensland's north.
92% of gross income underpinned by national LFR tenants
Exposure to North Queensland's most vibrant LFR hub adjacent to Bunnings Warehouse, State Government and complementary retail offerings
Pure convenience centre with efficient at-grade design, facilitated by 373 car bays^
Expansive 2.12ha site zoned 'Mixed-Use' bordering Cairns'
CBD underpins future land value
Prominent corner site provides 365m of direct arterial exposure
Fully Leased Net Income of $1,873,735*
For Sale via Expressions of Interested closing Thursday 24th March at 4:00pm (AEST)
Property History for 131-145 Draper St, Portsmith, QLD 4870
- 03 Jun 2022Sold for $30,100,000
- 24 Feb 2022Listed for Sale Contact Agent
- 24 Jun 2019Listed for Rent - Price not available
Recent sales nearby
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0About Portsmith 4870
The size of Portsmith is approximately 15.6 square kilometres. There are 2 parks within the area. The population of Portsmith in 2016 was 260 people. By 2021 the population was 314 showing a population growth of 20.8% in the area during that time. The predominant age group in Portsmith is 20-29 years. Households in Portsmith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Portsmith work in a clerical occupation.In 2021, 50.00% of the homes in Portsmith were owner-occupied compared with 60.00% in 2016.
Portsmith has 562 properties. Over the last 5 years, Houses in Portsmith have seen a 53.71% increase in median value, while Units have seen a 79.15% increase. As at 31 May 2026:
- The median value for Houses in Portsmith is $571,872 while the median value for Units is $474,823.
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