What an amazing investment opportunity with prime highway exposure in one of the continually fastest growing suburban towns in North Queensland Edmonton. Edmonton is just a short drive to the Cairns Central business district but has most of the conveniences we are associated with including residential, commercial, and recreational including a variance of surrounding shopping centres one would expect from the largest suburb in the Cairns and District area. The tenants of this high set Queenslander have been in operation with their accountancy practice for over 17 years on this site and have just renewed their lease for a further 5 years with two 3-year option periods. The property presents in an immaculate condition with ample client and staff car amenities to facilitate the development., Upstairs consists of 2 large offices, a storeroom, and a spacious board room. Downstairs, you will be greeted by the formal reception entrance, 3 additional offices, two storerooms, a powder room combined bathroom and a functional office kitchenette.
The town of Edmonton is developing fast with the growth rate of new and up and coming subdivisions in the surrounding areas making this a solid investment for now and the future. The expansion of Cairns is no doubt the southern corridor and now that there is a dual lane highway all the way to Gordonvale the appeal of such a prominent property is a much sort after investment opportunity. Security of a proven tenancy with a new 5-year lease in place makes this commercial acquisition very appealing. Price indicator offers in the high $700,000’s range.

Key points to consider:
Location
Property Condition
Proven Tenancy
Generated Income
New 5 Year Lease
Market Growth
Future potential

For an information memorandum:
Interested parties please contact Steve Cordenos 04187749...
Email steve@cordenosrealestate.com