57 Anderson Street Manunda QLD 4870

Corner position with commercial shed | 802sqm block | $1M sale price | Mixed-use potential This four-bedroom house on an 802 square metre corner allotment combines residential living with substantial commercial infrastructure, appealing to owner-occupiers seeking business integration or investors targeting mixed-use redevelopment. The property occupies a high-traffic corner location on Anderson Street, a positioning that distinguishes it from standard suburban residential stock. The 802 square metre parcel is notably generous for the area, providing the kind of footprint that accommodates both the updated residential dwelling and a commercial shed suitable for trade operations or light industrial use. The last recorded sale at $1,000,000 reflects pricing consistent with properties offering this dual-purpose appeal rather than pure residential values. This type of corner property with commercial outbuildings typically attracts a mixed buyer demographic: owner-operators running home-based trades, small business owners seeking affordable workshop space integrated with residence, or developers recognising the redevelopment potential of a corner block with high street visibility. The property sits within Cairns council jurisdiction with no heritage overlay, though a flood overlay has been detected, which may influence future development decisions or lending terms. Market performance for similar mixed-use corner blocks in this locality suggests sustained holding value, particularly as urban infill opportunities become scarcer. The combination of practical business space and residential amenity creates inherent flexibility that pure residential properties lack, providing some insulation against market cyclicality. However, prospective buyers should recognise that this property’s value proposition depends significantly on either maintaining the current mixed-use arrangement or executing a coherent redevelopment strategy, rather than treating it as straightforward residential investment. The property benefits from NBN Fibre to the Premises and 5G coverage, practical advantages for home-based business operation.