- Brand new 10 year lease to 2027 plus option to 2037
- Fixed 3% rent increases providing guaranteed income growth
- Fully refurbished 1,395 sqm tenancy including new upgrades to all major services to the building
- Situated in proven retail and commercial district and surrounded by complementary tenants
- Versatile 2,477 sqm land holding with prominent 36m main road frontage
- Triple net lease: 100% of outgoings paid by the tenant including land tax
- Total Tools: Australian owned trade network in operation for over 25 years with 60+ stores nationwide
- Cairns: regarded as the capital of far north Queensland with an emerging population of approximately 200,000 and large scale domestic and foreign investment
- Net Income: $215,000 pa + GST and Outgoings
Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne
