Quality Liquorland (Coles) Investment – 6 Year Net Lease, Fixed 4% Increases
2-6 Cottesloe Drive, Cairns City QLD
Property Highlights
Net lease, tenant pays outgoings
Fixed 4% annual rental
Net Income: $62,340 pa + GST
Description
Net lease, tenant pays outgoings, as per the lease
Fixed 4% annual rental increases ($72,929 in 2025)
Renewed 5 year lease to 2026 + options to 2046
Liquorland established 15 years in this location
Wholly owned subsidiary of Coles Group Ltd
Busy location near doctor, pharmacy & Supermarket
Kewarra Beach, popular seaside suburb of rapidly growing Cairns
Investment Portfolio Auction
11am AEDT
Tuesday 30 March
Yallamundi Rooms,
Sydney Opera House
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
118 SQM