7-11 Salvado DriveSmithfield QLD 4878
Property Details for 7-11 Salvado Dr, Smithfield
Last Listing description (March 2022)
An exciting opportunity exists for an astute investor to acquire this fully tenanted, freehold commercial property located in Smithfield, 12 kilometres north of Cairns in Far North Queensland.
- 3,428 sqm land area
- Five tenancies
- Anchor tenant is Salvation Army
- One owner since new
It is located within the tightly held Smithfield commercial precinct where larger franchise groups have a strong presence.
Showing good return which again improves on 1 May 2021.
Contact: Exclusive agent Helen Crossley - Ray White Commercial Cairns for more information.
Property History for 7-11 Salvado Dr, Smithfield, QLD 4878
- 22 Jan 2021Listed for Sale Contact agent Helen Crossley
- 02 Sep 2020Sold for $2,900,000
- 14 Oct 2019Listed for Rent - Price not available
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About Smithfield 4878
The size of Smithfield is approximately 13.1 square kilometres. It has 14 parks covering nearly 31.2% of total area. The population of Smithfield in 2016 was 5303 people. By 2021 the population was 6664 showing a population growth of 25.7% in the area during that time. The predominant age group in Smithfield is 30-39 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a professional occupation.In 2021, 65.30% of the homes in Smithfield were owner-occupied compared with 63.30% in 2016.
Smithfield has 3,746 properties. Over the last 5 years, Houses in Smithfield have seen a 75.10% increase in median value, while Units have seen a 105.72% increase. As at 28 February 2026:
- The median value for Houses in Smithfield is $852,928 while the median value for Units is $450,248.
- Houses have a median rent of $718 while Units have a median rent of $425.
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