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Suite 12/193-197 Lake Street
Cairns City QLD 4870
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Sold on 12 Nov 2020

Suite 12/193-197 Lake Street Cairns City QLD 4870

  • Medical / Consulting
  • 170 m²
  • Sold, $550,000

Tenanted Medical Suite With 8% Return

Offered to the market for sale as a fully tenanted investment with a five year lease in place to national tenant ICON Cancer Centre, suite 12 on the first floor of the Cairns Specialist Medical Centre at 193-197 Lake Street is conveniently located directly opposite the Cairns Private Hospital and only 200 metres* from the Cairns Base Hospital.
Currently rent = $ 43,690 pa + GST + Tenant pays 100% of the outgoings (council rates & body corporate fees) that's an 8% net return with a blue chip tenant.

Suite 12 enjoys a commanding elevated views, an abundance of natural light and natural ventilation as well as brand new energy efficient air-conditioning units that can be set to operate individual zones for further efficiencies. With Suite 12 at 170m2* this generous sized suites could easily be sub-divided into two separate smaller tenancies if required at some point in the future.

There's plenty of on and off-street parking and the centre features a pharmacy and the very popular Jam Drop café on the ground floor which both add to the list of ticked boxes for the other specialist medical tenants in the building and generates plenty of foot traffic from the many surrounding and complimentary allied health professionals nearby.
With flexible vendor finance terms on the table now's the time to secure your position here at the Cairns Specialist Medical Centre.
This suite would make a great addition to your commercial property portfolio using a self-managed super fund to make the purchase.

> 170m2* First Floor Prime Medical Suite
> Fully Tenanted to National Tenant ICON
> Directly Opposite the Cairns Private Hospital
> Reception, Consulting Rooms and Kitchen Layout
> Data and Phone Cabling Installed
> Natural Light and Ventilation
> New Energy Efficient Air-conditioning Units
> Plenty On and Off-Street Parking
> Within Cairns Medical District
> 200m* from Cairns Base Hospital
> Could Be Sub-Divided
> Suite 11 (128m2*) also available For Sale and/or Lease

For more information, to arrange an inspection or to make an offer on Suite 11 at the Cairns Specialist Medical Centre, contact Stuart Carr and find out why this opportunity makes good commercial sense. 

Get the agent with GO at Go Commercial!

*Approximately.

Disclaimer: In preparing this information Go Commercial (Cairns) has used its best efforts to ensure that the information contained is true and accurate, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property Highlights

Date Sold12 Nov 2020
Sold Price$550,000
Floor Area170 m²
Land Area170 m²
ParkingAsk Agent
Property ID2016448639
Category
Last updated  16 Nov 2020
Map for Suite 12/193-197 Lake Street Cairns City QLD 4870

Property Highlights

Date Sold12 Nov 2020
Sold Price$550,000
Floor Area170 m²
Land Area170 m²
ParkingAsk Agent
Property ID2016448639
Category
Last updated  16 Nov 2020
Unit 6/175-185 Newell St Bungalow QLD 4870

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