8-16 Short Street, Cairns North

Calling all serious developers, high-net-worth buyers, and major market players. Positioned within one of Cairns' most tightly held and consistently high-performing blue-chip pockets, 8–16 Short Street, Cairns North represents a true generational acquisition and is as rare as it gets. 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. Sprawled across an expansive and perfectly flat 2,275sqm block, 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. Current features for the full duplex include: - Modern full duplex offering 6 bedrooms, 2 bathrooms, 2 car spaces (3,1,1 each side). - Unit 1 (8 Short St) rented for $390 per week - periodically lease. - Unit 2 (10 Short St) rented for $390 per week - periodically lease. - Updated market rental appraisal: Approx. $550-$580 per week (per each side) depending on availability. - Gorgeous vinyl flooring in living areas - Two modern central kitchens with great features and ample storage - Perfectly positioned main bathroom with separate toilet for each unit. - Split-system air-conditioning - Huge flat backyard great for kids or pets - Shared internal laundry in the middle of each unit. - Strong holding income potential across multiple dwellings Current features for the highset Queenslander include: - Highset Queenslander featuring 3 huge bedrooms, 2 bathrooms, 2 car spaces - Soaring high ceilings - 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. - Updated market rental appraisal: Approx. $560 per week (per each side) depending on availability. Opportunities for future growth include: - Set and forget. Generate 3 rental incomes offering high yield and year-round gains. - Subdivision ready. Previously had approval for 5 lots at 455m2 each capitalising on rising land demand. - 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 across multiple dwellings. - Option to sell the subdivided land once complete for short-term gain, and keep the 2 existing properties for long-term growth. - Strong future rental guarantee - High-demand rental corridor driven by hospital staff, airport workforce, and CBD proximity. - Option to live in one and rent the other for year-round profit. - Live in one, rent the other, subdivide the rest – The choice is yours! Additional key features: - Rare 2,275sqm flat landholding in a premium inner-city location - Previous DA approval for over 40 units – minimise delays and accelerate returns - Subdivision ready for 5 blocks of land - 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 This is not just a property, it is a rare, strategic asset with multiple profit pathways, allowing buyers to tailor their approach based on market conditions, timing, and investment goals. Opportunities offering this level of scale, approval, income, flexibility, and location are exceptionally rare. 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.