71 McLeod Street Cairns City QLD 4870
- 626 m²
CAIRNS FRINGE CBD COMMERCIAL OFFICE INVESTMENT
- SINGLE TENANT FREEHOLD INVESTMENT
- LONG ESTABLISHED NATIONAL LEGAL FIRM
- 7.2% RETURN
71 McLEOD STREET CORNR OF MINNIE STREET, CAIRNS
Land Area: 1012m2
RPD: Lot 150 on Plan C1938 CTR 20773237
McLeod St Frontage: 20m x 50m frontage to Minnie St
Building Area: 626m2 plus 8 secured car parks
+ Aluminium framed glass windows and door entry to McLeod
+ Full fit out in place including reception, 15 offices, 4 meeting
rooms, 16 workstations in a general work area and
male/female/disabled/lunch room locker room facilities.
+ Carpeted, suspended ceiling with recessed fluorescent
+ Insulated metal roof recently replaced.
+ Ducted air-conditioning with some split systems
+ Secured car park area via entry off Minnie Street
Lessee: Zabulon Pt Ltd as Trustee Trading as Maurice Blackburn
Lawyers (National Law Firm)
Lease Term: 5yrs+5yrs
Start date: 26th July 2018. Current term expires 25/7/2023.
Rent Reviews: 3% fixed PA. Review to fair market value in 2023.