163-169 Draper StreetPortsmith QLD 4870
Property Details for 163-169 Draper St, Portsmith
Last Listing description (August 2023)
Ex-Centrelink Building
163-169 Draper Street, Cairns, 4870
Land Area: 4372m2 with 76m frontage to Draper Street
Location: This office building is nestled between the new Centrelink Office, Harvey Norman Cairns Homemaker Centre, Bunnings & Cairns Home Improvement Centre. It is within minutes to the HMAS Cairns Naval Base and associated marine facilities as well as the Cairns CBD.
Features:
+ Staffed by approx. 200 people.
+ Ducted Air conditioning throughout.
+ Large open plan layout with natural light to all building sides.
+ Boardroom, Training rooms, Various offices.
+ Staff Kitchen, Male & Female toilets, Showers, Outdoor break out area.
+ 62 allocated parks and additional extensive on street parking.
+ Extensive inventory of office desks and workstations included.
+ Depreciation schedule available.
Tenancy:
Lessee: The State of Queensland
Term: 5+5 years commencing on 30th November, 2021
Total Net Income: $705,012
For sale by Expressions of Interest closing Friday April 8th at 5pm at CBRE Cairns Office.
Property History for 163-169 Draper St, Portsmith, QLD 4870
- 01 Jul 2022Sold for $10,118,741
- 07 Mar 2022Listed for Sale FOR SALE BY EOI CLOSING FRI, APRIL 8th, 5pm
- 05 Feb 2021Listed 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. It has 2 parks. 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 58.02% increase in median value, while Units have seen a 82.61% increase. As at 30 November 2025:
- The median value for Houses in Portsmith is $560,890 while the median value for Units is $442,670.
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