111-115 Grafton Street Cairns City QLD 4870
- 5,136 m²
- Expressions of Interest
Explore the Possibilities
Knight Frank Cairns is pleased to present this prime investment opportunity. Located in the Cairns CBD, this building offers multiple opportunities to value add. Be it commercial office, education or accommodation, the possibilities are many and varied.
Ideally located between the esplanade and Cairns Central Shopping Centre, the building comprises 5,136 gross lettable area, with 50 onsite car spaces and the potential for approximately $1.6 million in gross rental income. Few buildings offer this much in terms of height, floor area, and all this in a prime location.
* 2,037 sqm prime CBD site
* Currently 6 levels - 5 office floors + ground floor retail and foyer
* Over 5,000 sqm net lettable area (5,136 sqm GLA)
* 50 carparks
* Fully let prospects of approximately $1.6 million income
* Possibly suit student accommodation/language school/lecture rooms
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 29 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.
EXPRESSION OF INTEREST
|Closing date and time||28/06/2019 17:00|
|Recipient name||Ask Agent|
|Delivery address||Expression of Interest Close|
|Floor Area||5,136 m²|
|Land Area||2,037 m²|
|Energy||4-star NABERS Energy rating|
|Parking||50 x Onsite parkings|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||13 Jun 2019|