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Cairns. Dominos Anchored Retail Complex. 100% Leased

1 Jensen Street , Manoora QLD

Property Highlights

100% Leased Retail Complex

5km from Cairns CBD

High Profile opp McDonalds

Description

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Dominos Anchored Retail Complex. 100% Leased
High Profile Corner Opposite McDonalds
High Growth Catchment Only 5 km from Cairns CBD

Freehold retail complex
Dominos on Renewed Lease. Current lease term up to 2025, with option extending to 2030
Large and highly prominent 1,341 sqm corner site
Massive retail street frontage exceeding 100 metres
Excellent presentation and fully leased to 4 quality tenants
Building area of 551 sqm with 19 valuable car spaces on title
Close proximity to BWS, McDonalds, Australia Post, Liquorland and IGA
Material Change of Use (MCU) obtained to also allow for commercial and or medical use, offering great future flexibility
Cairns, current population of 240,000. Two-thirds of North Queensland’s estimated 70,000 increase will settle in the Cairns region
Net Income: $165,207 pa + GST (estimated as at May 2019)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Shopping Centre
Land Size
1,341 SQM
Gross Building Area
551 SQM

Contact Agents

Darren Beehag

0411 226 223

Pat Kelly

0412 244 456

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