Set just one street back from the Cooktown Multipurpose Health Facility, this recently renovated mixed-use property presents a rare opportunity to secure a high-quality asset offering immediate income, lifestyle appeal, and long-term flexibility. Ideally positioned within a tightly held precinct, the property combines secure commercial tenancy with an expansive residential component in one of Cooktown's most convenient locations. Currently leased to Torres and Cape Hospital and Health Services on a new 5-year lease with options, the property generates a strong return of $1,000 per week plus GST. The government tenancy provides a reliable and stable income stream, making this an attractive proposition for investors seeking security and confidence. Character-filled and highly functional, the ground floor is configured for commercial use and features three generous office spaces, including a dedicated conference room. A separate self-contained area includes a kitchenette, bathroom, laundry, and toilet, offering additional versatility. Multiple access points-two front entrances and rear access to a covered outdoor entertaining area-enhance functionality, privacy, and flexibility. Two polished timber staircases connect the commercial level to the residence above. The upper level reveals a well-appointed family home comprising three built-in bedrooms, including a master suite with walk-in robe and ensuite. A spacious formal lounge opens to a side veranda that captures cooling coastal breezes, while the brand-new modern kitchen is equipped with a butler's pantry, servery, and adjoining dining area. A wrap-around veranda enjoys picturesque views across the Endeavour River and surrounding mountain ranges, creating an inviting space for relaxation or entertaining. Set on a level 1,012m² allotment, the property is further enhanced by tiled flooring on the lower level, stunning polished hardwood floors upstairs, a 5kW solar system, and a comprehensive security system. This is a standout opportunity in a prime Cooktown location, offering strong returns today with future adaptability. Property Features:
• Mixed-use commercial and residential property
• Government tenant on a new 5-year lease with options
• Returning $1,000 per week plus GST
• Three ground-floor offices including conference room
• Self-contained area with kitchenette, bathroom, laundry, and toilet
• Multiple access points and covered outdoor entertaining area
• Three built-in bedrooms upstairs
• Master bedroom with walk-in robe and ensuite
• Brand-new kitchen with butler's pantry and servery
• Wrap-around veranda with river and mountain views
• Level 1,012m² allotment
• 5kW solar system and security system CONNECTIVITY
• One street from Cooktown Multipurpose Health Facility
• Close to town services, amenities, and transport MAKE IT YOURS
Properties offering secure government income, quality renovations, and mixed-use flexibility are rarely available in Cooktown. With strong returns and long-term potential, this asset will appeal to investors and owner-occupiers alike. MAKE YOUR MOVE
Contact Andrew Rogato on 0418 183 444 to arrange a private inspection and explore the opportunities this unique Cooktown property has to offer. Disclaimer: The information provided about this property has been compiled with care; however, no warranty is given regarding its accuracy. Prospective buyers are encouraged to conduct independent enquiries and verify all details, including dimensions, pricing, and property features. Photographs, illustrations, and descriptions are for general information only and should not be relied upon as a sole representation of the property.
