172-174 Mulgrave Road Baldivis WA 6171

Amazing long fresh lease with all outs paid for.

Situated on one of Cairns busiest major arterial roads and only 1.4km to Cairns CBD this high profile, modern showroom and office building is an opportunity that commands your attention! catering for a booming construction and housing market with an operator of over 25 years operation and backed as by a major ASX listed Master franchise

This prime corner site sits proud on a large inbound city block boasting on and off street car parking, rear access roller door and storage areas as well as a wide street frontage that is highly visible on one of Cairns major arterial roads.

Modern, functional and impressive this building asset has everything that you would expect to find for a premium multi purpose showroom and office space.

With a head lease to a major North Queensland firm - franchised to an ASX listed Group and underpinned by subtenants this cashflow offers steady and growing annual fixed increases and a net net return with outgoings 100% covered.

With a history of 25 continuous profitable years trading and an impeccable new 2022 lease for 10+5+5 alongside , annual fixed ratchets and modern construction this asset offers a safe haven of cashflow for the next decade.

Along with multiple alternate uses, large onsite carpark ratio and a multiple of subtenants operating under the head lease the risk diversification with this property is sound

For a full IM and particular details please contact lead commercial agent James Fennell on 0477400800 or email james@upssold.com.au before this fresh cashflow gem is sold.