Positioned on a generous 1,012m² Mixed Use allotment, 81 Hope Street presents an excellent opportunity for homeowners, investors and buyers looking for future development potential.
Offered with a 12-month lease to the Queensland Police Service (QPS) at $550 per week, this property provides an attractive rental income from day one, while offering the flexibility and potential of a substantial town block. Set towards the rear of the allotment and surrounded by established shady trees, the elevated highset home enjoys privacy from the street and a peaceful outlook. Conveniently located close to town amenities, the property combines comfortable living with a strong investment proposition.
As you make your way upstairs, you are welcomed by a large L-shaped entertaining deck, the perfect place to enjoy the tropical Cooktown lifestyle, entertain guests or unwind while taking in beautiful sunsets over the Endeavour River. Inside, double doors open into the spacious main living area, with the kitchen, dining and lounge connected by an open-plan layout. The kitchen is well equipped with a double sink, rangehood, dishwasher and electric stove, while a convenient servery opens directly onto the deck, making entertaining effortless. The home offers three generous bedrooms, each featuring open built-in cupboards and split-system air-conditioning for year-round comfort. The bathroom and laundry are conveniently positioned away from the main living area and include a bathtub with overhead shower, separate toilet and internal laundry.
Downstairs, the property provides a concrete-floored carport extending beneath the home, along with a large lockable storage room providing plenty of room for tools, equipment, vehicles or additional storage. The immediate yard surrounding the home is fully fenced.
Property Features
1,012m² Mixed Use allotment
12-month QPS lease at $550 per week
Elevated highset home positioned towards the rear of the block
Large L-shaped entertaining deck
Beautiful sunset views towards the Endeavour River
3 spacious bedrooms with built-in cupboards
Split-system air-conditioning throughout
Open-plan kitchen, dining and living area
Dishwasher and kitchen servery to the deck
Bathroom with bathtub and overhead shower
Separate toilet, Internal laundry
Concrete carport beneath the home
Large lockable storage area
Fully fenced immediate yard
Development Potential
The Mixed Use zoning adds another layer of opportunity for the future. Subject to Council approval and the applicable planning requirements, the substantial frontage and land area may provide potential for additional development, another dwelling, a shed or further improvements, or even the possibility of building underneath the existing home (STCA).
Whether you're looking for a secure investment with a government tenant, a home with rental income, or a property offering future development potential, 81 Hope Street is well worth inspecting.
Convenient Cooktown Location
Ideally positioned close to shops, service stations, John Street Oval, Finch Bay, local schools and the hospital, this property offers the convenience of town living while retaining a private and relaxed feel.
