554 Bruce Highway, Woree, QLD 4868 sold on 26 August 2025 | OnTheHouse
 
SOLD
Sold on 26 Aug 2025 for $1,250,000

554 Bruce Highway
Woree QLD 4868

Bedrooms: -
Bathrooms: -
Car spaces: 9
Land area: 637m2
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Property Details for 554 Bruce Hwy, Woree

Building Type
Commercial
Land Size
637m2
Local Government
Cairns Regional
Lot/Plan
1/RP721534

Last Listing description (August 2024)

Located on the bustling Bruce Highway with over 30,000 vehicles passing daily, this vacant commercial property has served as a popular steakhouse since the 1980s. With its previous operations ceasing post-COVID, the owner is now ready to sell this long-standing asset.
Situated just a few hundred meters from Stockland Earlville, this property offers an exceptional opportunity for high-visibility business operations. Its adaptable layout makes it ideal for conversion into a retail showroom, medical suites, or other commercial uses.
The building features:

Male and female customer restrooms
Two additional toilets accessible from the car park
A spacious mezzanine floor, small office, and storage area
A commercial-grade cold room serving the kitchen
A bar with display refrigerators visible from the main floor
Front and side balconies
Potential for creating a drive-through pickup area with the removal of the fence adjacent to the Salvation Army store
With a bit of creativity and planning, this property can be transformed into a prominent commercial space. For more details or to schedule an inspection, contact Richard Gibbins today.

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Property History for 554 Bruce Hwy, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$1,250,000
26 Aug 2025
Listed for Rent
$65k/w
13 Oct 2023
  • 26 Aug 2025
    Sold for $1,250,000
  • 07 Aug 2024
    Listed for Sale $1,400,000
  • 15 Aug 2023
    Listed for Rent $65,000 / year
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About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2016 was 4821 people. By 2021 the population was 5127 showing a population growth of 6.4% in the area during that time. The predominant age group in Woree is 40-49 years. Households in Woree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woree work in a community and personal service occupation.In 2021, 45.10% of the homes in Woree were owner-occupied compared with 42.80% in 2016.

Woree has 2,910 properties. Over the last 5 years, Houses in Woree have seen a 79.31% increase in median value, while Units have seen a 132.97% increase. As at 30 November 2025:

  • The median value for Houses in Woree is $622,540 while the median value for Units is $321,404.
  • Houses have a median rent of $480 while Units have a median rent of $425.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Woree on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Woree.

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