Opportunity for an Owner Occupier to purchase a group of warehouses in Gordonvale just 20 minutes south of the Cairns CBD, or an Investor to secure a tenanted property.
515m2 approximately of Warehouses divided into 5 individual units with 4 tenants
Land Area 1012m2, a prominent corner site with rear laneway access.
All 4 tenants have occupied their premise's for a number of years.
No leases are in place creating opportunity to re-negotiate.
Masonry block construction, concrete slab floor, gable pitched iron clad roof, rear Male and Female shared toilets
Current Gross income $38000 pa approx. - no gst ( average just $73.80/m2)
UCV - $175000
This investment will not last long!