365 Spence,
Bungalow, QLD 4870

Sold in a line or individually, these four adjoining, standalone prime industrial properties are all producing healthy returns with the security of national tenants and long leases in place, including CHEP, Allied Pickfords and strong local company Island & Cape.

The added advantage of vacant balance land suitable for more warehouse development with Spence St frontage will appeal to developers and owner occupiers looking to build with the security of an income from existing tenants and future room for expansion of their own operations. Two street drive through access is a bonus as well as Spence St earmarked to become a main arterial road into the Cairns CBD at some time in the future.

• Approx $ 550,000.00 Total Gross Return + Rental Upside $$$ Potential
• Approx Total Land (4 Titles) 18,055 m2
• National Tenants CHEP, Allied Pickfords and Island & Cape
• 4 x Freehold, Adjoining Industrial Standalone Buildings
• Two Street Drive Through Access
• Spence & Hartley Street Frontage
• Long Leases In Place + Options
• Approx 5100 m2 Balance Vacant Land Suitable For Industrial Development
• Extra Potential Rental Income