149 Spence Street, Portsmith, QLD, 4870

Property Description

The property was developed by BBC Hardware Limited in 2001, purchased by the Trust in February 2003, and subsequently underwent a store upgrade in 2007. The property, bounded by Fearnley and Spence Streets and Plath Close, is located in an established industrial area two kilometres south of the main business district. The site has 182 metres frontage to Fearnley Street, 80 metres frontage to Spence Street, and 94 metres frontage to Plath Close. The land was re-zoned to 'Mixed-Use 2' as part of the 'Cairns Plan 2016' which allows for trades and services uses, low impact industry and residential. The Trust has leased the ex-Bunnings building to Screen Queensland to be utilised as a film studio.

Land area

26,053 m²

The total GLA/retail area

12,917 m²

Bunnings lease commencement date


Total Property Cost


Current valuation


Annual Rent


Property Location

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