Share this property

Directions

268 Gatton Street Cairns City, QLD 4870

Directions

Sold

268 Gatton Street Cairns City, QLD 4870

Hotel & Leisure • Other
Sold Price

Contact Agent

Land area

1.2ha (2.97 acres)

Floor area

3220.0m²

Tenure type

Tenanted Investment

Sold on

30 Apr 2019

CAIRNS: HIGH YIELD LONG ESTABLISHED COMMERCIAL INVESTMENT - 10% NET RETURN

  • Includes a 25m Lap Pool
  • Huge Land/Huge Opportunity
  • Central & well positioned
CAIRNS’ LARGEST MULTI-FITNESS FACILITY – SPORTSWORLD
ON A NEW LONG TERM LEASE

268 Gatton Street, Manunda

The property enjoys 3 street access.
- Gatton Street 57m
- Birch Street 122m
- Clark Street 78m


+ 1.24 hectares 12,400m²
+ Over 3,220m² of net lettable area + pool
+ Cairns’ only squash courts
+ New 5 + 5 + 5 year lease for 5th March 2018
+ The business has been operating since 1986 and has the widest variety of sport uses in Cairns
+ Tenants pay all outgoings
+ Excellent future reversionary uses

Additional information

Documents

Property ID: 502753282Last Updated: 30 Apr 2019

0418 *** ***
268 Gatton Street
Cairns City, QLD 4870

Agency contacts

CBRE - Cairns

View Profile

CBRE - Cairns

1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870
progress tick

Sending email...

Email enquiry

Danny Betros

Send to:

Danny Betros
CBRE - Cairns
268 Gatton Street Cairns City, QLD 4870

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call