Open for Inspection: This Saturday at 10:30 AM
Focus on the land value, the versatile layout, and the incredible strategic position it offers. This is a rare opportunity to secure a property with potential in one of Cairns' most convenient inner-city locations. The property currently features a versatile footprint that can easily be configured as 3 bedrooms (with the living room utilized as a third room) and 1.5 bathrooms, complete with a kitchen, a large sunroom, and a separate laundry layout.
The existing structure is in original condition and requires significant TLC, being offered for sale strictly "As-Is". However, the true value lies in its exceptional development capability. Boasting a flexible Mixed-Use Precinct 1 (Commercial) status, this site offers incredible versatility and is ideal for either a Residential project, a premium Commercial development, or a combination of both (STCA).
Development efficiency is maximized with Zero Boundary Development Potential and generous height allowances, featuring a height limit of up to 11m for commercial builds, or up to 14m / 3 storeys for mixed-use projects incorporating multiple dwellings (STCA). This site allows you to build right up to the boundary lines, significantly maximising your build footprint and return on investment.
The owner wants this sold and is highly motivated - all offers will be seriously considered. Don't miss out on securing one of the most efficient development footprints available on the market today.
Quick Summary:
Zoning: Mixed-Use Precinct 1 - Commercial (Maximum flexibility).
Development Capability: Ripe for Commercial Development or Residential Projects (STCA).
Height Allowances: Up to 11m for commercial / Up to 14m & 3 storeys for mixed-use with multiple dwellings (STCA).
Efficiency: Zero Boundary Development potential for maximum site coverage.
Property Layout: 3 Bedrooms (Living room can be used as 3rd bedroom), 1.5 Bathrooms, Kitchen, Sunroom & Separate Laundry.
Council Rates: $1,851.37 / half-yearly (TBC).
Condition: Sold "As-Is" - Submit your offer now!
Disclaimer: MSK MANAGEMENT is a licensed real estate agency but is not qualified as a builder, inspector, or valuer. Information provided is sourced from third parties for general guidance only. While we believe it to be reliable, we do not guarantee its accuracy, completeness, or currency, and accept no liability for errors or omissions. This is not building, pest, planning, or legal advice. Buyers should conduct their own physical inspections, due diligence, and relevant searches. Staging and digital enhancements may be used and should not be taken as a representation of the property's current state. Independent professional and legal advice is strongly recommended.
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