Mixed-Use Opportunity - 810m² of Potential in prime location

Set on a sprawling double lot with highly sought-after mixed-use zoning, 121-123 Aumuller Street offers a rare and versatile opportunity for investors, developers, and business owners alike. Perfectly positioned in Bungalow, just minutes from the Cairns CBD, this 810m² property presents an exceptional canvas for future development, renovation, or a live-and-work setup.

The property features a classic high-set Queenslander with two spacious bedrooms, a well-maintained bathroom, and generous under-house storage, plus a large work shed at the rear-ideal for tradespeople, small business owners, or hobbyists.

Key Features:

• Two adjoining lots totaling 810m²
• Mixed-use zoning for development, investment, or business potential
• Character-filled Queenslander with two bedrooms, one bathroom, and under-house storage
• Two covered carports + two additional undercover spaces
• Dedicated laundry space
• Near-new roof
• Separate work shed, perfect for trade work or a home business
• Unbeatable location - just minutes from Cairns CBD, public transport, and key amenities

Investor Highlights:

• Price: Offers over $799,000
• Rental Appraisal: $600 - $1,100 per week (depending on residential vs. commercial use)
• Current Rent: $550 per week (residential dwelling)
• Council Rates: Approx. $3,400 per year
• Zoning: Mixed Use

Whether you're looking to develop, renovate, invest, or establish a home-based business, this is an opportunity that won't last long. Act now to secure this unique property!

Contact us today to arrange an inspection.

Photos have been digitally cleared, and digital furniture has been applied to respect tenant privacy.

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement. Professional photos taken prior to the tenants moving in.

Explore the area

School catchments

St Joseph's School Primary Prep-6 Catholic 1.2km
St Augustine's College Secondary 7-12 Catholic 1.3km
Parramatta State School Primary Prep-6 Government 1.3km
Indie School, Logan - Parramatta Park Campus Secondary Independent 1.3km
The BUSY School Secondary 11-12 Independent 1.9km
FNQ Vocational Academy Secondary Government 1.9km
Trinity Bay State High School Secondary 7-12 Government 1.9km
Mastery Schools Australia - Cairns Campus Combined Independent 2.0km
Balaclava State School Primary Prep-6 Government 2.0km
Cairns School of Distance Education Combined Prep-12 Government 2.0km
Mungalla Silver Lining School - Carins Temporary Facility Secondary Independent 2.1km
Cairns State High School Secondary 7-12 Government 2.3km
St Monica's College Secondary 7-12 Catholic 2.4km
Cairns West State School Primary Prep-6 Government 2.7km
St Francis Xavier's School Primary Prep-6 Catholic 2.7km
Our Lady Help of Christians School Primary Prep-6 Catholic 2.9km
Woree State School Primary Prep-6 Government 3.5km
Woree State High School Secondary 7-12 Government 3.5km
Mooroobool Silver Lining School Secondary Independent 3.5km
Mother of Good Counsel School Primary Prep-6 Catholic 4.1km
Edge Hill State School Primary Prep-6 Government 4.2km
St Gerard Majella Primary School Primary Prep-6 Catholic 4.2km
St Mary's Catholic College Secondary 7-12 Catholic 4.5km
Whitfield State School Primary Prep-6 Government 4.6km
Trinity Anglican School Combined Prep-12 Independent 5.1km
White Rock State School Primary Prep-6 Government 6.0km
Freshwater Christian College Combined Prep-12 Independent 7.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.