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150 Edith Street Innisfail QLD 4860

  • Shop & Retail
  • 950 m²
  • For Sale, $790,000

Innisfail Main Highway - Commercial Investment

This is a rare opportunity to purchase a quality commercial investment in one of far north Queensland's fastest growing regions.

The low set masonry building with mezzanine level and glass display showroom front, is on a large 997sqm* allotment, with 23m* frontage to Edith Street and rear access from Dove street, with the added advantage of off street parking in front of the premises.

The building is located on the Bruce Highway with great exposure and on the edge of the main shopping precinct of Innisfail. The Innisfail CBD has a number of national warehouse-type retailers including Bunnings, Repco, Supercheap Auto, Kmart, Betta Electrical, Harvey Norman and BCF (Boating Camping Fishing). Most of these major retailers have increased their retail floor space by up to 60% over the past 5 years. This increase reflects the confidence these iconic brands have in the continued growth and prosperity of Innisfail and the Cassowary Coast region.

The premises has two tenancies with one currently leased to a national tenant and the other still available.

Tenancy 1 - Carpet Court
⢠NLA 450sqm*
⢠Front and rear access to tenancy
⢠Office and amenities
⢠Large bulk storage area to the rear
⢠Convenient parking to the front entrance
⢠Lease term - 5 + 5 Years from 1.3.2017
⢠Commencement rental - $52,688.28 pa incl GST
⢠CPI Review annually. Review to market every 5 years

Tenancy 2 - Vacant
⢠NLA 500sqm*
⢠Front and rear access to tenancy
⢠Office and amenities
⢠Large bulk storage area to the rear
⢠Convenient parking to the front entrance

For more information, please contact the agent.

*approximately

Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australia's own global real estate success story.

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Property Highlights

Property ID2015954543
Floor Area950 m²
Land Area997 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  26 May 2020
Map for 150 Edith Street Innisfail QLD 4860
Map for 150 Edith Street Innisfail QLD 4860150 Edith Street Innisfail QLD 4860
Colliers International Cairns
35 Lake Street Cairns QLD 4870

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