88 Aumuller StreetPortsmith QLD 4870
Property Details for 88 Aumuller St, Portsmith
Last Listing description (August 2017)
- Brand new 10 year lease to 2027 plus option to 2037
- Fixed 3% rent increases providing guaranteed income growth
- Fully refurbished 1,395 sqm tenancy including new upgrades to all major services to the building
- Versatile 2,477 sqm land holding with prominent 36m main road frontage
- Triple net lease: 100% of outgoings paid by the tenant including land tax
- Total Tools: Australian owned trade network in operation for over 25 years with 60+ stores nationwide
- Cairns: regarded as the capital of far north Queensland with an emerging population of approximately 200,000 and large scale domestic and foreign investment
- Net Income: $215,000 pa + GST and Outgoings
Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne
Property History for 88 Aumuller St, Portsmith, QLD 4870
- 29 Jun 2017Sold for $2,987,500
- 29 May 2017Listed for Sale Not Disclosed
- 26 Oct 2016Sold for $1,700,000
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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 54.93% increase in median value, while Units have seen a 84.80% increase. As at 31 January 2026:
- The median value for Houses in Portsmith is $552,456 while the median value for Units is $491,920.
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