4/105 Newell Street,
Bungalow, QLD 4870

Well positioned in the heart of the Cairns industrial precinct this 151m2 (approx) modern strata industrial warehouse is ideal for those looking for an industrial investment property showing a good return or for the owner occupier that want to be the rent trap. Sitting in the middle of a seven unit strata complex this versatile workshop is of concrete tilt wall construction, clear-span and high-clearance insulted roof.

A basic air-conditioned office/lunchroom is included along with over office and workshop mezzanine storage with stair access. Add three phase power, air lines and high-bay lighting and it's just the best little shed available. A good tenant in place that pays all the outgoings means no GST on the purchase price applies.

Featuring:
* 151m2 warehouse
* Approx six years old
* Large mezzanine storage with stair access
* 3 phase power and air lines
* Leased by Forks 4 U until 31.10.2009 with a 2 year option
* Approx net return of $19,000 + GST
* Tenant pays 100% of outgoings

For Sale by Public Auction at 11am On-site on Wednesday 30th September.