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  • Sold
Unrivalled Opportunity - Income, Upside, Redevelopment - #1
Unrivalled Opportunity - Income, Upside, Redevelopment - #2
Unrivalled Opportunity - Income, Upside, Redevelopment - #3
Unrivalled Opportunity - Income, Upside, Redevelopment - #4
Unrivalled Opportunity - Income, Upside, Redevelopment - #5
Unrivalled Opportunity - Income, Upside, Redevelopment - #6
Unrivalled Opportunity - Income, Upside, Redevelopment - #7
Unrivalled Opportunity - Income, Upside, Redevelopment - #8
Unrivalled Opportunity - Income, Upside, Redevelopment - #9
Unrivalled Opportunity - Income, Upside, Redevelopment - #10
Colliers International presents an unrivalled opportunity in the Cairns CBD fringe … a mixed-use commercial property holding comprising of 5 separately titled freehold properties located on Sheridan through to McLeod Streets. With 12 tenancies and 100% leased, the property offers good returns with the added benefit of potential upside on existing rental rates.

Key features include:

• 5 freehold titles
• Offered individually or in one line
• 100% leased – 12 tenancies
• Total freehold 5,664m2*
• 12 individual tenancies
• Potential upside on existing rental rates
• Rare triple street frontage site
• Future development potential (subject to council approval)
• Prime location on National Highway 1
• Ample off & on street car parking

This outstanding portfolio can be acquired in one line or individually and is being offered for sale by Expressions of Interest closing Wednesday 18 October at 4pm.

For further information, please contact Charlie Torrisi or Stacey Quaid.

*approximately

Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors – office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australia’s own global real estate success story.
  • 03/12/2023
  • Contact our experts for details on this transaction.