8-16 Short Street, Cairns North, Qld, 4870

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.