7 Owen Close, Portsmith, QLD 4870

Industrial | Showrooms | Hotel/Leisure

Sold

  • Property ID: 259219
  • Floor Area: 430m²
  • Land Area: 2095m²
  • NBN Availability: Service Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 01/03/2018 430m2 2095m2 Contact Agent
Freehold Commercial Building - Huge Price Reduction

Unique opportunity to buy one of only two licensed brothels in Cairns. Well located in the CBD fringe and can be utilised for many purposes.

This freehold commercial building and balance of land offers redevelopment potential in a prime location that will suit many users. The site is in the centre of a Mixed Use precinct including industrial, retail shopping centres, bulky goods and Cairns Port.

The large building currently on site was previously utilised as a brothel and can continue trading within this use under the Cairns Town Plan. It is approximately 430 m2 with 10 car parking spaces, external concrete driveway, parking, landscaping, high metal security fencing, reception, office, eight rooms (five being bedrooms), store room, laundry and double garage.

The 2,095 m2 allotment is level with approximately 50% of the land undeveloped. It is situated at the end of Owen Close in a cul-de-sac and is bound by a road reserve to the immediate north.

The seller has just instructed us to significantly reduce the Sale price. Contact exclusive agent Scott Green for updated information.

Portsmith Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $182 ---
Offices --- $333 ---
Industrial --- $580 ---
This is the average advertised price, rent and yield for Portsmith, QLD 4870*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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