Colliers Cairns are pleased to offer for sale the commercial strata property located at Unit 6, 254-256 Mulgrave Road, Westcourt QLD. This affordable investment opportunity is being offered to the market for sale with offers over $330,000.

Comprising 119m2* under title, the property is ideally located on the fringes of the Cairns CBD. Benefiting from exposure to high levels of passing vehicular and pedestrian traffic, the property is located within a commercial strata complex fronting the north bound lane of busy Mulgrave Road.

The subject property comprises an existing office fit out complete with individual offices, meeting/training room, kitchen and breakroom and reception area. The property is currently leased to a professional finance and accounting firm with the existing lease running through to June 2025 with a further 2-year option available. The property returns a rental income of approximately $27,900 + GST per annum.

The complex itself offers onsite parking and dual access points from both Mulgrave Road and Ascot Avenue. The property is conveniently positioned one block from the Cairns DFO and is bounded by a range of commercial services and amenities.

Features:

• 119m2 under title
• Immediate holding income from existing tenant
• Secure tenure until 2025 with further 2-year option available
• Highway exposure to thousands of vehicles per day
• Strata-titled within established business complex
• Proximity to Cairns CBD, major shopping centres and retail outlets

For more information, contact the agent.

*approximately

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.