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131-145 Draper Street Portsmith QLD 4870

  • Shop & Retail
  • 8,738 m²
  • For Sale, Contact Agent

FOR SALE | Cairns Home Improvement Centre

    JLL Retail Investments are pleased to offer for sale the 100% freehold interest in Cairns Home Improvement Centre (CHIC), a Large Format Retail Centre of pure convenience situated in Queensland's north.

    92% of gross income underpinned by national LFR tenants
    Secure income stream via 3.2-year WALE (area)*
    Exposure to North Queensland's most vibrant LFR hub adjacent to Bunnings Warehouse, State Government and complementary retail offerings
    Pure convenience centre with efficient at-grade design, facilitated by 373 car bays^
    Expansive 2.12ha site zoned 'Mixed-Use' bordering Cairns'
    CBD underpins future land value
    Prominent corner site provides 365m of direct arterial exposure
    Fully Leased Net Income of $1,873,735*
    For Sale via Expressions of Interested closing Thursday 24th March at 4:00pm (AEST)

    Property Highlights

    Floor Area8,738 m²
    Land Area2.12 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017618372
    Category
    Last updated  25 Feb 2022
    Map for 131-145 Draper Street Portsmith QLD 4870

    Property Highlights

    Floor Area8,738 m²
    Land Area2.12 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017618372
    Category
    Last updated  25 Feb 2022
    Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000
    Jacob Swan
    Jacob Swan
    JLL Brisbane
    Ned McKendry
    Ned McKendry
    JLL Brisbane

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