• For Sale
  • Retail
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment
Innisfail Main Highway - Commercial Investment

For Sale

$790,000 AUD

This is a rare opportunity to purchase a quality commercial investment in one of far north Queensland's fastest growing regions.

The low set masonry building with mezzanine level and glass display showroom front, is on a large 997sqm* allotment, with 23m* frontage to Edith Street and rear access from Dove street, with the added advantage of off street parking in front of the premises.

The building is located on the Bruce Highway with great exposure and on the edge of the main shopping precinct of Innisfail. The Innisfail CBD has a number of national warehouse-type retailers including Bunnings, Repco, Supercheap Auto, Kmart, Betta Electrical, Harvey Norman and BCF (Boating Camping Fishing). Most of these major retailers have increased their retail floor space by up to 60% over the past 5 years. This increase reflects the confidence these iconic brands have in the continued growth and prosperity of Innisfail and the Cassowary Coast region.

The premises has two tenancies with one currently leased to a national tenant and the other still available.

Tenancy 1 - Carpet Court
•NLA 450sqm*
•Front and rear access to tenancy
•Office and amenities
•Large bulk storage area to the rear
•Convenient parking to the front entrance
•Lease term - 5 + 5 Years from 1.3.2017
•Commencement rental - $52,688.28 pa incl GST
•CPI Review annually. Review to market every 5 years

Tenancy 2 - Vacant
•NLA 500sqm*
•Front and rear access to tenancy
•Office and amenities
•Large bulk storage area to the rear
•Convenient parking to the front entrance

For more information, please contact the agent.

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Ref #: 20382271

Property Details