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CBRE - Cairns

Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue Edge Hill, QLD 4870

Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue,
Edge Hill, QLD 4870

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Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$41,596
Number of Tenants
1 Tenant
Tenants / Type
NDIS provider

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RARE OPPORTUNITY TO INVEST IN THE POPULAR EDGE HILL COMMERCIAL STRIP

  • TENANTED INVESTMENT OFFICE IN EDGE HILL
  • CURRENTLY TENANTED UNTIL 2026
  • 6% RETURN - APPROX
Situated just 8kms from the Cairns CBD, this Edge Hill commercial strip has become a popular and trendy location for small retail and food business’s, restaurants, bars, coffee shops and consultancies. The immediate area has significant cultural and public facilities including the Botanical Gardens, the Tanks Arts and Entertainment center and the Centenary Lakes parklands.

PROPERTY OVERVIEW:
ADDRESS: Lot 24, 110-114 Collins Avenue, Edge Hill
ZONING: Commercial
BUILDING AREA: 132m² + front patio of 26m²
CTR: 50821190 - Freehold Strata Title

FEATURES:
- Concrete masonry block construction
- Plasterboard internal walls and ceilings with fluorescent lights throughout
- Floor coverings consist of a mix of vinyl, tiles and carpets.
- A mix of split system and ducted air conditioning throughout
- Fully partitioned with 4-5 offices and lunchroom
- Toilets at the rear of the building and are fully disabled compliant.

CARPARKS:
- Four secured basement carparks.
*areas are approximate only

CURRENT RENTAL
- Gross rent $55,000 + GST
- Net rent $41,596 + GST
- Tenant - NDIS provider
- Terms - 2 years + 1 year

Property ID: 504502848Last Updated: 7 Nov 2024

CBRE - Cairns

1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870
CBRE - Cairns
Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue
Edge Hill, QLD 4870
CBRE - Cairns
1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870

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