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292 Hartley Bungalow, QLD 4870

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292 Hartley,
Bungalow, QLD 4870

Warehouse, Factory & Industrial

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The Secure Return You've Been Looking For + Development Upside !

Sold individually or in a line with two adjoining properties, this standalone tenanted, prime industrial property ticks all the box's for your industrial investment portfolio, showing healthy returns with the security of strong local company Island & Cape with a long lease in place.

The added advantage of approximately 1280 m2 of vacant balance land at the rear of the property is suitable for more warehouse development with an additional shared driveway access from both Spence and Hartley Streets.

This property will appeal to both developers and owner occupiers looking to build with the security of an income from an existing, secure long term tenant and to provide room for expansion of their own operations in the future. Two street drive through access from Spence St is also a bonus.

• Approx $ 96,000.00 Gross Return + GST + 100 % Outgoings
• Approx 3592 m2 Total Land Area
• Approx 1280 m2 Vacant Land At Rear With Separate Access Off Lease
• Approx 450 m2 Total Warehouse
• Approx 250 m2 A Grade Office Space Over Two Levels
• Vehicle Inspection Pit & Industrial Oil Sepatator
• Long Lease To Secure Tenant Island & Cape Expiring Oct 2018
• Adjoining Rear Properties Also Available

Property ID: 5787969Last Updated: 22 Jun 2017

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292 Hartley
Bungalow, QLD 4870
Colliers - Cairns
35 Lake Street
CAIRNS CITY, QLD 4870

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