Welcome to Collins Avenue Edge Hill the only High Street of Cairns. In this sought after suburb populated by Doctors, Lawyers and Business Owners the jewel in the crown is 120 Collins Avenue
Fully refurbished in 2021 and relet this property has impressive WALES averaging up to 5 years and annual increases compounding of 4%
In a prime walkability location close to hospitals, Major Schools, Airport, CBD and the Botanic Gardens this is Prime Cairns real estate.
A corner block with future development potential and off street carparking and mixed use this centre offers the best quality tenants and passive income available.
Not dependent on Tourism this Covid resilient asset has great Walkability to its market. When the building was being relet the applications were so oversubscribed that only the best of the best tenants were chosen.
With a strong mix of multiple industry focused tenants this asset is diversified and risk reduced between health, coffee, offices, and lifestyle operators.
The best street in the best suburb of Cairns offered for only the second time in 30 years for sale is 120 Collins Ave Edge Hill