Back 124 Hope Street
Off Market

124 Hope Street

Cooktown QLD 4895

1012 m²
Land
Ariah BoltonAriah Bolton, last sold this property on 16 July 2025 after 546 days on market.

Overview

Dual Income Investment Opportunity

This property is a great head start to jump into Cooktown’s thriving rental market by completing this project for the bonus of 2 rental investment returns on one property with the potential to earn a gross return of approx $1000 a week. You could also live in one and rent the other one out. Development Application has been approved by Council for the kit homes called the "Weekender" or you can engage a local builder or build them your self with owner builder license. The "weekender" is still available to order, and the footings and carport have already been completed and certified for the front site. The design of the rear home is elevated to allow for parking underneath. A water meter has been connected and power and sewerage are also available to be connected. You can also design and build your own home incorporating the footings that are already in place. Located in a great position only two streets back from the main street and a short walk down the hill to the centre of town and two sides of the boundary are already fenced on this 1012m2 block. For more information on what has been completed or a copy of the DA, contact your local agent. Ariah 0407 138 016 sales@cooktownrealestate.com

Features

1012 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cooktown over the last 12 months, the estimated median property value of 124 Hope Street is $104.5k.

Median value
$104.5k
Estimated value range
$83k - $239k
Median days on market
496
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cooktown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 124 Hope Street

2025
Sold
Undisclosed
16 Jul 2025 by Ariah Bolton, of Cooktown Real Estate
2015
Sold
$60,000
Private Sale/Treaty on 01 Oct 2015

Happy sellers in Cooktown

89%
89% of sellers in Cooktown reported that their sale price either exceeded or met their price expectations.

Cooktown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Cooktown over the last 12 months.

Local market activity for land plots in Cooktown

In the last 12 months, 10 land plots similar to 124 Hope Street, have been sold.

This represents a 53% increase in land plots sales when compared to the previous 12 months.

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