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95 English Street Manunda, QLD 4870

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95 English Street,
Manunda, QLD 4870

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$746,000

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Affordable Freehold Liquorland Investment. Leased to June 2021 + Options.

15 year lease to June 2021 + options to 2046.
Tenant is a wholly owned subsidiary of Wesfarmers Ltd,an ASX top 10 company.
Residential suburb of Cairns just 3km west of CBD
546sqm site with 5 on site car spaces.
Attractive 4% fixed annual increases.
Tenant pays outgoings including council, water and insurance.
Major growth City and commercial hub of Far North Queensland with trade catchment population of circa 200,000.
Net Income: $53,288 pa + GST (as at June 2016).

Property ID: 501831358Last Updated: 26 Apr 2016

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95 English Street
Manunda, QLD 4870
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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