Set on a substantial 1,365m² flat block in a prized position, this prime piece of real estate delivers unmatched opportunity, serious development growth potential, immense flexibility, and significant upside in a blue-chip location where opportunities of this magnitude are extremely scarce. Featuring a charming double-storey Queenslander, immense space to build another dwelling, loads of storage, two-street access for all the toys, a brilliant floor plan, massive and flat yard space, and by being situated just minutes to all convenient amities, 12-16 Short Street is a seriously special opportunity that can't be missed. Whether you're looking to renovate and restore the existing character home, build your dream residence, landbank for the future, or explore development opportunities (STCA), the options are extensive and very rewarding. Perfectly positioned just minutes from the Cairns Esplanade, Airport, Hospital, Tobruk Memorial Pool and the CBD, this remarkably rare dwelling is a strategic landholding that places you right at the centre of lifestyle, infrastructure, and serious future growth. With its generous block size, prime position and endless potential, this is a property that will reward both vision and action in the long and short term.
Current features for the highset Queenslander include:
- Highset Queenslander featuring 3 huge bedrooms, 2 bathrooms, 2 car spaces
- Spacious and generously sized bedrooms
- Perfectly positioned main bathroom
- Soaring high ceilings with an abundance of natural light
- Undercover tandem carport with room for 2 vehicles
- Practical kitchen with ample storage.
- Massive amount of storage underneath the property.
- Huge flat yard – subdivision ready.
- Currently vacant – ready to move in or invest.
- Offering great returns on investment
Opportunities for future growth include:
- Set and forget. Generate a potential rental income offering high yield and year-round gains.
- Subdivision ready. Previously had approval.
- Development insights - This huge dwelling has had DA approved for over 40 units. WOW factor.
- Option to sell one asset and keep the other once subdivided.
- Renovate smartly to resell strongly. Unlock substantial short-term profit.
- Strong future rental guarantee - High-demand rental corridor driven by hospital staff, airport workforce, and CBD proximity.
Additional key features:
- Rare 1,365sqm flat landholding in a premium inner-city location
- Previous DA approval for over 40 units – minimise delays and accelerate returns
- Subdivision ready - the choice is yours!
- Walking distance lifestyle appeal - Cairns Esplanade, cafes, medical precincts and amenities at your doorstep
- Minutes to Airport, Hospital, CBD, and major amenities
- Exceptional holding income potential while finalising development plans
- Flexible options including staged development, land banking, or subdivision (STCA)
- Surrounded by established infrastructure, tourism demand, and ongoing growth
- One of the last remaining large-scale development sites in Cairns North
- Strong underlying land value with limited remaining large parcels of this size near the city
- Favourable flat block which significantly reduces construction and development costs
- Appeals to multiple buyer profiles - developers, builders, syndicates, land-bankers and high-net-worth investors
- Potential tax and depreciation advantages (subject to advice) when developing or holding income-producing assets
- Future-proof investment positioned within a corridor benefiting from ongoing population growth and infrastructure investment
Whether your vision is to develop immediately, landbank for future upside, or hold and generate income while planning your next move - this property delivers on every level.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
