440 Sheridan Street,
Cairns North, QLD 4870

Offices

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 440 Sheridan Street

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Brand New Federal Government Office

Corner 5,487sqm site with dual frontage
15 year lease plus options to 2039
Substantial depreciation benefits

15 year lease plus options through to 2039.
Annual 3.25% rent increases.
Net lease with tenant paying all outgoings.
Corner 5,487 sqm site with dual street frontage of 131 metres.
Strategic location adjoining Cairns International Airport.
Highly versatile architecturally designed 2,155 sqm building over two levels, with extensive security and 4.5 Nabers rating.
79 on site car spaces.
Cairns: tourist mecca of Tropical North Qld, trade catchment circa 250,000 plus annual holiday influx of 2 million visitors.
Substantial depreciation benefits.
Rent: $850,000 pa.

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