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Cairns City QLD 4870

  • Offices
  • PriceFor Sale, Contact Agent Fiona Green 0428875804

FULLY LEASED INVESTMENT

Fully Leased Investment Property
The NEW price of $299,400 means a NET return of 7.40%
Well appointed office in a Cairns CBD popular complex located on Grafton Street

Long term tenant (6yrs +) Aus Mining Personnel Services until 30 June, 2020, re-signed for another 2 years and wants to stay on indefinitely

Level one strata 100sqm office area plus the three owned CBD carparks

The tenants have a faultless repayment history (available on request) and the investment is so easy to run a property manager has never been needed.

Showing a better return than a residential investment and cheaper to buyer as well . All the GST is claimable for Commercial properties and no resi properties are returning 7.40% net net.
Insurance paid by Body Corporate

- Lots 23 & 24
- Front of street exposure
- SALE PRICE $299,400

Property Highlights

Property ID2014542781
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  14 May 2019
Map for Cairns City QLD 4870
@realty
Australia Surfers Paradise QLD 4217

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