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)