Prime High Profile Corner Retail Centre High Yielding Investment Opposite Major Shopping Centre

304 mulgrave road, cairns qld

Price: Sale by Auction

Property Details

Anchored by national tenant Godfreys and including cafe & patisserie, hairdresser, financial services and others
Opposite busy DFO centre with Coles, Hungry Jack’s, Subway, Australia Post, BWS and many others
Substantial 2,010 sqm site on busy arterial road in a strong retail precinct / strip
Prime corner with 70 metre frontage to Mulgrave Road and 40 metre frontage to Lyons Road with on-site parking
Building area 866 sqm comprised of 2 buildings with 7 shops and tenancies
Cairns: tourist mecca of Tropical North Qld, trade catchment circa 285,000 plus annual holiday influx of 2 million visitors
Massive growth of 100,000 more residents forecast over next 20 years
Net Income: $216,767 pa + GST (fully leased)

Featured Details

Current Tenant Tenanted
Land Size 2,010 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000523

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Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E

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