5 Walters Street, Portsmith, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

5 Walters Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1501m2
Land area: 2833m2
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Property Details for 5 Walters St, Portsmith

Building Type
Commercial
Floor Size
1501m2
Land Size
2833m2
Local Government
Cairns Regional
Lot/Plan
711/NR808372

Last Listing description (November 2023)

Knight Frank (Cairns) is pleased to present 5 Walters Street, Portsmith for Lease.

A modern tilt wall and RSJ framed high clearance workshop or warehouse facility centrally located within the Ports precinct with direct access to the Bruce Highway and Aurizon Rail Depot.


The Ports precinct is the primary industrial area for Cairns with recent significant developments including the Cairns Shipping Development Project, a $127 million upgrade to the shipping channel; and the ongoing HMAS Cairns naval base upgrade and new Common User Facility, a $150 million upgrade in the Cairns Marine Precinct which is to include two new wharves and a 5000 tonne ship lift. These upgrades complement the already vibrant industrial precinct which is home to the likes of Incitec Pivot, Austal Cairns, Tonkins Steel, Coates Hire, Boral, Seaswift, Norship Marine and Cairns Steel Fabrications, to name but a few.

The High Impact Industry zoning of the property presents the prospect of a multitude of uses with the premises suitable to engineering, manufacturing, service industry, maritime industries, general warehousing and storage.

An outstanding opportunity with flexibility the tenancy offers:

* Central location within Ports precinct
* Direct access to Bruce Highway and rail depot
* Areas from 548 sqm to 997 sqm
* 6-7 metre internal clearance
* High bay lighting
* Drive through and side loading capability
* Male and female amenities
* Multitude of possible uses

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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 33 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 5 Walters St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,660,000
05 Sep 2022
Listed for Rent
06 Nov 2023
  • 31 Mar 2023
    Listed for Rent - Price not available
  • 05 Sep 2022
    Sold for $1,660,000
  • 10 May 2022
    Listed for Sale Contact Agent
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About 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 57.95% increase in median value, while Units have seen a 88.48% increase. As at 31 December 2025:

  • The median value for Houses in Portsmith is $543,969 while the median value for Units is $483,009.
There are currently no properties listed for sale, and 2 properties listed for rent in Portsmith on OnTheHouse. According to Cotality's data, 27 properties were sold in the past 12 months in Portsmith.

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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.