THE final knock down, rebuild at a Cairns seashore entrance location is in the marketplace – but it surely comes with a hefty price ticket.
The seashore shack at 255 O’Shea Esplanade, Machans Seaside, is on the road that point forgot, populated with older homes in contrast to some swanky northern seashores oceanfront strips.
The three bed room shack inbuilt 1940 has a $1,095,000 price ticket.
It’s on a 576sq m block and a significant promoting level is that the block has twin entry to Marshall St on the again, and thus no rear neighbours.
It final bought in June 1988 for simply $102,000.
Properties on O’Shea Esplanade within the close-knit suburb close to Cairns airport seem like tightly-held.
The newest recorded sale was $610,000 for 187 O’Shea Esp, a two bed room property, in November 2021.
A two storey home at 189 O’Shea Esp bought for $690,000 the identical month.
The expansive house at 145 O’Shea Esp bought for $800,000 in July 2021.
Ray White Cairns Seashores agent Paul Stirling mentioned the dwelling was in poor situation and wanted a significant renovation.
It’s on a 576sq m block.
Mr Stirling mentioned new and renovated houses had been beginning to mushroom alongside O’Shea Esp and it was the closest beachfront deal with to Cairns CBD and the airport.
Machans Seaside was first surveyed in 1885, however was not completely settled till the Twenties and it’s named after Richard Machan who was among the many first everlasting white settlers within the space, having bought land within the Twenties.
It was a locality till 2002, when it was lastly gazetted as a suburb.
Cairns Regional Council spent $16.8m rebuilding a crumbling seawall alongside the suburb’s northern shoreline, with the development of a causeway additional out to sea to supply extra safety for houses, in 2015.