3/24 Coondoo Street Kuranda QLD 4881

Shop & Retail
37 m²
Sold

Entry Level Blue Chip Investment - Qld Government

New 6 year lease to Qld Government
Lot 3 / 24 Coondoo Street, Kuranda (Cairns)

+ New 6 year lease plus options to 2034
+ Extensive new fit-out & refurbishment
+ Ground floor premises in established retail centre
+ Neighbouring tenants include Thai restaurant, coffee shop & café
+ Tenants pays all outgoings as per the lease
+ Fixed annual rent increases
+ Kuranda: Picturesque world heritage listed tourism destination 25kms from Cairns CBD
+ Cairns: Tourist mecca of Tropical North Qld, trade catchment circa
+ 285,000 plus annual holiday influx of over 2 million visitors
+ Net Rental $18,500 pa plus GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
Hilton Hotel, Brisbane