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Unique Property Sales - Cairns North

120 Collins Avenue Edge Hill, QLD 4870

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120 Collins Avenue,
Edge Hill, QLD 4870

Shops & Retail • Offices

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Best Street Best Suburb 100% Let with 4% compounding Annual Fixed Rate Rises and a strong mix of 6 Tenants

  • Fully Let
  • Covid Resilient Asset
  • Strong Tenancy Mix and Fixed Increases
Welcome to Collins Avenue Edge Hill the only High Street of Cairns. In this sought after suburb populated by Doctors, Lawyers and Business Owners the jewel in the crown is 120 Collins Avenue

Fully refurbished in 2021 and relet this property has impressive WALES averaging up to 5 years and annual increases compounding of 4%

In a prime walkability location close to hospitals, Major Schools, Airport, CBD and the Botanic Gardens this is Prime Cairns real estate.

Offering a corner block with future development potential and off street carparking and mixed use this centre offers the best quality tenants and passive income available.

Not dependent on Tourism this Covid resilient asset has great Walkability to its market. When the building was being relet the applications were so oversubscribed that only the best of the best tenants were chosen.

With a strong mix of multiple industry focused tenants this asset is diversified and risk reduced between health, coffee, offices, professionals and lifestyle operators.

The best street in the best suburb of Cairns offered for only the second time in 30 years for sale is 120 Collins Ave Edge Hill

Contact James for a fulll IM

Property ID: 503901030Last Updated: 2 Dec 2021

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Unique Property Sales - Cairns North

47 Moffat Street
CAIRNS NORTH, QLD 4870
Unique Property Sales - Cairns North
120 Collins Avenue
Edge Hill, QLD 4870

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