GENERATIONAL COMMERCIAL REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
Large land holding, significant holding income, future redevelopment and vale add opportunities.
12 Reasons to consider:
- Rare large site area - 1.385 hectares
- 3 Street accesses totalling 354m
- The site can be subdivided for increased future development options
- 9,000m² of existing improvements for continued income
- Significant current holding income
- Low rental rates and considerable upside for longer term investment holding
- Multiple future staged development options and opportunities
- Suitable for commercial, industrial or residential uses
- Easy few minute connectivity to the CBD
- Additional land able to be acquired from the State Government to expand site further
- Strategic location adjoining major retail development directly across from the site and adjoining mixed use commercial within the next 1-2 years
- Perfectly positioned within a few minutes of the Cairns Regional council offices, Cairns Central Shopping Centre, the Harvey Norman Centre, Bunnings, The Cairns Home improvement Centre, Railway Terminal, Barlow Park Sports Centre and the new NRL Women’s Team clubhouse
For more information, please call Danny Betros.
Remember to mention you found this property on DevelopmentReady
Close
