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Overview
This land parcel at 106 Spence Street presents a prime commercial opportunity located on the fringe of the Cairns Central Business District. Positioned opposite the proposed Cairns NQ Cowboys Leagues Club, this allotment is poised to attract significant interest from investors and developers alike.
Having been held by a local Cairns family for an extended period, the land is now available for the next phase of development or investment. The site offers a substantial land area of 405 square meters, providing ample space for a variety of commercial uses subject to council approval.
The location benefits from proximity to key amenities and infrastructure within Cairns City, making it an attractive proposition for businesses seeking a strategic position within the region. The surrounding area is undergoing development, enhancing the potential for capital growth and commercial success.
Potential buyers are encouraged to consider the versatility and strategic advantages this land offers. Whether for commercial development, investment, or future planning, 106 Spence Street represents a valuable asset in a sought-after location.
Further details and discussions can be arranged upon enquiry. This opportunity is ideal for those looking to establish a presence in Cairns City’s evolving commercial landscape.
Local Market Insights
In Cairns City, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $615,000. The property type mix of listed properties is predominantly Houses at 44%, followed by apartments (25%), and units (10%). Ray White was the most active agency in this area, representing 68.1% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cairns City QLD 4870
Market Insights for Cairns City QLD 4870
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
