147-161 Draper Street, Portsmith, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

147-161 Draper Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 27200m2
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Property Details for 147-161 Draper St, Portsmith

Building Type
Commercial
Land Size
27200m2
Local Government
Cairns Regional
Lot/Plan
2/SP235242

Last Listing description (March 2018)

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.

Property History for 147-161 Draper St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$35,000,000
29 May 2023
Listed for Rent
11 Dec 2019
  • 29 May 2023
    Sold for $35,000,000
  • 01 Aug 2021
    Sold for $36,000,000
  • 01 Mar 2018
    Listed for Sale By Negotiation
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About 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 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:

  • The median value for Houses in Portsmith is $581,362 while the median value for Units is $495,845.
There are currently no properties listed for sale, and 1 property listed for rent in Portsmith on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Portsmith.

Suburb Insights for Portsmith 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.