37 Hannam Street is well located in Bungalow between Scott Street and Mulgrave Road. The property is ideal for investment as it has two street frontages with potentially three tenant income streams. Fronting Hannam Street is a high set Queenslander with two residential tenants, and fronting Brown Street is a warehouse which has a long standing mechanical operator as the tenant. Currently vacant is the food processing cold store.
The total building area is 600 sqm and land area is 944 sqm.
* Brown Street and Hannam Street frontages
* Improvements include highest Queenslander style residence fronting Hannam Street which is fully fenced with two residential flats
* Multi tenanted
* Situated in the middle of the property is a fully fitted out food processing facility which includes coldrooms and freezer, processing area plus office and amenities with an area of approximately 200 sqm
* Warehouse fronting Brown Street with amenities of approximately 200 sqm
* Total building area 600 sqm approximately
* Land area 944 sqm
_____________________________________________________________
Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.
Knight Frank Cairns has been successfully operating for over 33 years and incorporates three departments into the one office: a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.
Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.
