5 Helen Street
Cooktown, QLD 4895

Overview

5 Helen Street Cooktown QLD 4895

Located just one street behind the Cooktown Multipurpose Health Facility, this recently renovated mixed-use property offers a unique investment opportunity combining immediate income, lifestyle benefits, and long-term versatility. Situated in a highly sought-after precinct, the property features a secure commercial tenancy alongside a spacious residential area, making it one of the most convenient locations in Cooktown.

The property is currently leased to Torres and Cape Hospital and Health Services under a new five-year lease with options, generating a reliable income of $1,000 per week plus GST. This government tenancy ensures a stable and secure return, appealing to investors seeking dependable income streams.

The ground floor is designed for commercial use and includes three large office spaces, one of which is a dedicated conference room. Additionally, there is a self-contained section comprising a kitchenette, bathroom, laundry, and toilet, providing excellent flexibility for various uses. The property benefits from multiple access points, including two front entrances and rear access to a covered outdoor entertaining area, enhancing privacy and functionality. Two polished timber staircases connect the commercial area to the residential level above.

The upper floor presents a well-appointed family home with three built-in bedrooms, including a master suite featuring a walk-in robe and ensuite bathroom. The formal lounge area opens onto a side veranda that captures refreshing coastal breezes. The brand-new modern kitchen is equipped with a butler's pantry, servery, and an adjoining dining space. A wrap-around veranda offers picturesque views of the Endeavour River and surrounding mountain ranges, creating an inviting atmosphere for relaxation or entertaining guests.

Set on a level 1,012 square meter allotment, the property is enhanced by tiled flooring on the lower level and stunning polished hardwood floors upstairs. Additional features include a 5kW solar power system and a comprehensive security system, adding to the property's appeal and efficiency.

Key property features include mixed-use commercial and residential zoning, a secure government tenant with a new five-year lease, strong rental returns, multiple office spaces, a self-contained area with essential amenities, versatile access points, three built-in bedrooms upstairs, a master suite with walk-in robe and ensuite, a modern kitchen with butler's pantry, and expansive verandas with scenic views. The property is ideally located close to town services, amenities, and transport, just one street away from the Cooktown Multipurpose Health Facility.

This property represents a rare opportunity in Cooktown, combining secure government income, quality renovations, and mixed-use flexibility. It is well suited for both investors and owner-occupiers looking for a strong return and future adaptability in a prime location.

Prospective buyers are encouraged to conduct their own enquiries to verify all details, including dimensions, pricing, and features. Photographs and descriptions are provided for general information and should not be solely relied upon.

Location