Lots 15 and 16/5-21 Faculty Close Smithfield QLD 4878

A much sought after investment with a history of successful trading. A first class tenant who has invested heavily in new equipment and has every intention of being entrenched at the property indefinitely.

Investments in an affordable range are in very short supply, with 8 year terms certain. The property is located in a centre servicing Smithfield, the northern beaches and adjacent to JCU, and is definitely a worthy acquisition.

* North Queensland X-Ray Services 18 years as a tenant
* Currently into a 10 year lease with 8 years remaining
* 104 sqm area Lots 15 and 16
* Gross return $43,280
* Outgoings $10,139 (Body Corp $6,532, Rates $3,607)
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Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 32 years and incorporates three departments into the one office; a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.