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7 Owen Close Portsmith, QLD 4870

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7 Owen Close,
Portsmith, QLD 4870

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Hotel, Motel & Leisure

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Map of 7 Owen Close

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Freehold Commercial Building - Huge Price Reduction

Unique opportunity to buy one of only two licensed brothels in Cairns. Well located in the CBD fringe and can be utilised for many purposes.

This freehold commercial building and balance of land offers redevelopment potential in a prime location that will suit many users. The site is in the centre of a Mixed Use precinct including industrial, retail shopping centres, bulky goods and Cairns Port.

The large building currently on site was previously utilised as a brothel and can continue trading within this use under the Cairns Town Plan. It is approximately 430 m2 with 10 car parking spaces, external concrete driveway, parking, landscaping, high metal security fencing, reception, office, eight rooms (five being bedrooms), store room, laundry and double garage.

The 2,095 m2 allotment is level with approximately 50% of the land undeveloped. It is situated at the end of Owen Close in a cul-de-sac and is bound by a road reserve to the immediate north.

The seller has just instructed us to significantly reduce the Sale price. Contact exclusive agent Scott Green for updated information.

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Portsmith, 4870 demographic data

The median household income for Portsmith is $749, 50% lower than Regional Queensland's household income of $1,507. Portsmith has a younger age profile compared to the rest of Regional Queensland (median age 35 vs 41). Property ownership data shows 14% of property owners in Portsmith have a mortgage.

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Population
$749 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
07 4044 11...
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7 Owen Close
Portsmith, QLD 4870
RWC - Cairns
Suite 3 The Conservatory 12 Lake Street
CAIRNS CITY, QLD 4870

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