Tony Williamson tops $14.3M in Cairns Hospital precinct sales

Cairns agent Tony Williamson says he has now sold $14.3 million in property within about 250 metres of Cairns Hospital across four deals since January 2024. His latest was an eight-apartment block on Lake Street that sold to Australian Red Cross for $2.8 million, as health-related redevelopment activity continues in the precinct.

Why it matters: - The Cairns Hospital precinct has become a high-value pocket for sales and redevelopment. - Tony Williamson's four nearby transactions total $14.3 million, showing sustained demand around a key health hub. - The latest sale adds to plans for more patient accommodation in the area.

What happened: - Tony Williamson of REMAX Powerhouse sold an eight-apartment block at 263 Lake Street, Cairns North, to Australian Red Cross for $2.8 million in October 2026. - The sale lifted Williamson's total within about 250 metres of Cairns Hospital to $14.3 million across four transactions since January 2024. - Australian Red Cross and Queensland Health plan a 45-unit short-term patient accommodation facility with a ground-floor shop at 261–263 Lake Street. - The Cairns Post reported that plan on 22 October 2026.

The details: - Williamson's four hospital precinct sales involved four different sellers and four different buyers. - The January 2024 sale at 195 The Esplanade closed for $4.5 million. - The January 2025 sale of 4, 4A and 4B Charles Street / 212 Lake Street closed for $3.2 million. - The same Charles Street and Lake Street property resold in July 2025 for $3.8 million, or $600,000 more than the January deal. - The October 2026 Lake Street transaction was the fourth sale in the precinct and the latest to settle. - The 2024 and 2025 sales were made with REMAX Cairns, while the October 2026 sale was made with REMAX Powerhouse. - Williamson first sold Cairns property in 1989 and says he has completed thousands of property transactions. - He opened his first REMAX office in Cairns in 2004 and joined REMAX Powerhouse in April 2026. - Williamson holds a Bachelor of Commerce and is a Fellow of the Australian Institute of Company Directors. - His website is tonywilliamson.com.au.

Between the lines: - The precinct's activity appears tied to health-sector need, not just general residential demand. - A resale gain on the Charles Street and Lake Street property suggests investors and operators still see value in the location even as the broader Cairns market cools. - Williamson is leaning on long tenure, local specialization and auction experience as the main selling points for vendors. - He says sellers can choose marketing spend and that he charges no extra auctioneer fee when he conducts auctions himself. - He also says his approach is built around experience, education and execution.

What's next: - The Australian Red Cross and Queensland Health redevelopment at 261–263 Lake Street is the clearest near-term project to watch in the precinct. - Williamson says more details on his Cairns Hospital precinct sales are available on his website. - His monthly market report points to a slower Cairns market in November 2026, with homes taking a median 57 days to sell and listings rising to 1,506.

The bottom line: - Williamson has established a concentrated sales run around Cairns Hospital, and the latest deal reinforces the precinct's role as a redevelopment target.