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Off Market Real Estate and Business Sales Pty Ltd - MOOLOOLABA

Address available on request Cairns North, QLD 4870

Address available on request,
Cairns North, QLD 4870

Development Sites & Land • Shops & Retail

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Freehold Investment site

  • Large national tenant in place
  • opportunity to expand with a 3rd tenant
  • Large growth area in North Queensland
- Situated in Cairns,QLD on Mulgrave Rd.
- Over 3000 sqm,
- Net return 5.75%,
- National anchor tenant.
- Future net return 7%
- Current 2 tenants with the possibility of a 3rd new tenant.
- Blue chip anchor tenant

An exceptional opportunity to earn holding income whilst you develop the 3rd tenancy.

Contact Chris Cameron for more information.

Additional information

Cairns North, 4870 demographic data

The median household income for Cairns North is $1,402, 7% lower than Regional Queensland's household income of $1,507. Cairns North has a younger age profile compared to the rest of Regional Queensland (median age 37 vs 41). Property ownership data shows 51% of property owners in Cairns North have a mortgage.

5,334
Population
$1,402 per week
Median household income
37 years
Median age
Renters
Most residents
Singles
Most households

Off Market Real Estate and Business Sales Pty Ltd - MOOLOOLABA

22/62 Montgomery Avenue
MAIN BEACH, QLD 4217
04081924...
Off Market Real Estate and Business Sales Pty Ltd - MOOLOOLABA
Address available on request
Cairns North, QLD 4870