Cushman & Wakefield, as exclusive marketing agent, is pleased to offer for sale or lease a unique offering ideal for logistics, industrial and large format retail users. The property is located at 161 Draper Street, Cairns QLD.Built for Masters Home Improvement, the offering presents an outstanding opportunity to purchase a high-quality, near new fully air conditioned building.The high-profile site offers excellent access and visibility and is positioned amongst major retailers including Anaconda and Bunnings Warehouse within Cairns City, the principle centre of Far North Queensland.This significant land holding is located in close proximity to Cairns CBD and the Bruce Highway only 3 kilometres* by road from Cairns CBD and 8 kilometres* by road to Cairns Airport. The site also offers easy access to Queensland Rail's container terminal, Port of Cairns and Cairns International Airport.The property benefits from the following characteristics;- Site area: 2.78 ha*- Building area: 12,594sqm*- Zoned: Mixed Use- Cars: 329* on-grade- Fully air conditioned (a Fusion system)- Polished concrete floors- Recently built- High clearance warehouse with excellent access - Leasing considered on a whole or part building basis*Approx.The site is offered for sale or lease via Expression of Interest closing 4PM (AEST) Thursday 10 August 2017.
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 561 properties. Over the last 5 years, Houses in Portsmith have seen a 51.36% increase in median value, while Units have seen a 93.30% increase. As at 30 June 2026:
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