28-30 Buckley StreetYorkeys Knob QLD 4878
Property Details for 28-30 Buckley St, Yorkeys Knob
28-30 Buckley St, Yorkeys Knob is a 5 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 937m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (July 2024)
Presenting an unparalleled investment opportunity in the heart of Yorkeys Knob, this unique property comprises four individual units, a rare find in the Cairns area. This property offers a diverse range of potential uses and significant future development possibilities, making it a compelling choice for savvy investors.
Situated on Buckley Street, this property features two 1-bedroom units, one 2-bedroom unit, and a studio, providing versatile options for rental or personal use. Located just a short walk from the Yacht Club, beach, and esplanade, it promises the quintessential coastal lifestyle. Additionally, it is conveniently close to Yorkeys Knob's golf course, shops, marina, and recreational facilities, as well as being within easy reach of Cairns and the major shopping centers at Smithfield.
The property's development potential is extensive. The existing units could be redeveloped into higher-density accommodations, a large private residence, or a duplex. Alternatively, the property could be knocked down entirely to make way for a brand-new development. The rear of the property boasts considerable unused land with elevated views, offering ample space for further construction. Furthermore, the block can be split into two titles (front and rear) and sold separately, with the existing driveway easement along the northern fence line facilitating access to the rear, enhancing subdivision feasibility.
As an investment, this property represents an affordable entry point into the market. All units are currently tenanted, with the latest lease ending on July 25, 2024.
Investors should note that all modifications to the land use are subject to council approval. It is advisable to contact the local council to confirm development possibilities. Interior photos are available upon request, as they have not been displayed online due to the current condition of the units.
For more information please contact James Cowan. Don't miss out on this rare opportunity to secure a versatile investment property in a sought-after coastal location.
Property History for 28-30 Buckley St, Yorkeys Knob, QLD 4878
- 05 Jun 2024Sold for $500,000
- 20 May 2024Listed for Sale Not Disclosed
- 24 Apr 2014Listed for Rent $160 / week
Recent sales nearby
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About Yorkeys Knob 4878
The size of Yorkeys Knob is approximately 11.3 square kilometres. There are 8 parks, covering nearly 3.5% of the total area. The population of Yorkeys Knob in 2016 was 2759 people. By 2021 the population was 2794 showing a population growth of 1.3% in the area during that time. The predominant age group in Yorkeys Knob is 60-69 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation.In 2021, 51.20% of the homes in Yorkeys Knob were owner-occupied compared with 41.80% in 2016.
Yorkeys Knob has 1,885 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 62.06% increase in median value, while Units have seen a 112.63% increase. As at 31 August 2026:
- The median value for Houses in Yorkeys Knob is $734,424 while the median value for Units is $517,979.
- Houses have a median rent of $650 while Units have a median rent of $550.
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