365 Spence,
Bungalow, QLD 4870
Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Map of 365 Spence
The Secure Return You've Been Looking For + Development Upside !
Sold in a line or individually, these four adjoining, standalone prime industrial properties are all producing healthy returns with the security of national tenants and long leases in place, including CHEP, Allied Pickfords and strong local company Island & Cape.
The added advantage of vacant balance land suitable for more warehouse development with Spence St frontage will appeal to developers and owner occupiers looking to build with the security of an income from existing tenants and future room for expansion of their own operations. Two street drive through access is a bonus as well as Spence St earmarked to become a main arterial road into the Cairns CBD at some time in the future.
Approx $ 550,000.00 Total Gross Return + Rental Upside $$$ Potential
Approx Total Land (4 Titles) 18,055 m2
National Tenants CHEP, Allied Pickfords and Island & Cape
4 x Freehold, Adjoining Industrial Standalone Buildings
Two Street Drive Through Access
Spence & Hartley Street Frontage
Long Leases In Place + Options
Approx 5100 m2 Balance Vacant Land Suitable For Industrial Development
Extra Potential Rental Income
The added advantage of vacant balance land suitable for more warehouse development with Spence St frontage will appeal to developers and owner occupiers looking to build with the security of an income from existing tenants and future room for expansion of their own operations. Two street drive through access is a bonus as well as Spence St earmarked to become a main arterial road into the Cairns CBD at some time in the future.
Approx $ 550,000.00 Total Gross Return + Rental Upside $$$ Potential
Approx Total Land (4 Titles) 18,055 m2
National Tenants CHEP, Allied Pickfords and Island & Cape
4 x Freehold, Adjoining Industrial Standalone Buildings
Two Street Drive Through Access
Spence & Hartley Street Frontage
Long Leases In Place + Options
Approx 5100 m2 Balance Vacant Land Suitable For Industrial Development
Extra Potential Rental Income
Bungalow, 4870 demographic data
The median household income for Bungalow is $1,121, 26% lower than Regional Queensland's household income of $1,507. Bungalow has a younger age profile compared to the rest of Regional Queensland (median age 38 vs 41). Property ownership data shows 51% of property owners in Bungalow have a mortgage.
2,358
Population
$1,121 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
07 4031 34...
365 Spence
Bungalow, QLD 4870
Colliers - Cairns35 Lake Street
CAIRNS CITY, QLD 4870
CAIRNS CITY, QLD 4870
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Unit 2, 128-130 Lyons Street,Bungalow, QLD 4870 95 m²Warehouse, Factory & Industrial • Other
Contact Agent
Unit 11, 107-111 Newell Street,Bungalow, QLD 4870 126 m²Warehouse, Factory & Industrial