Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870

parkingSpaces 4
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Published on: 28 Jan 2024
Last updated on: 07 Nov 2024
Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870
Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870
Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870
+9
Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870
  • 9
Property ID: 504502848
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Key property information

Parking Comments
4 secure basement carparks
Floor Area
158.00 m2
Parking Spaces
4
Tenure Type
tenanted
Return on Investment
6

RARE OPPORTUNITY TO INVEST IN THE POPULAR EDGE HILL COMMERCIAL STRIP

Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870
Situated just 8kms from the Cairns CBD, this Edge Hill commercial strip has become a popular and trendy location for small retail and food business’s, restaurants, bars, coffee shops and consultancies. The immediate area has significant cultural and public facilities including the Botanical Gardens, the Tanks Arts and Entertainment center and the Centenary Lakes parklands.

PROPERTY OVERVIEW:
ADDRESS: Lot 24, 110-114 Collins Avenue, Edge Hill
ZONING: Commercial
BUILDING AREA: 132m² + front patio of 26m²
CTR: 50821190 - Freehold Strata Title

FEATURES:
- Concrete masonry block construction
- Plasterboard internal walls and ceilings with fluorescent lights throughout
- Floor coverings consist of a mix of vinyl, tiles and carpets.
- A mix of split system and ducted air conditioning throughout
- Fully partitioned with 4-5 offices and lunchroom
- Toilets at the rear of the building and are fully disabled compliant.

CARPARKS:
- Four secured basement carparks. 
*areas are approximate only

CURRENT RENTAL
- Gross rent $55,000 + GST
- Net rent $41,596 + GST
- Tenant - NDIS provider 
- Terms - 2 years + 1 year 

Property Details

Basic Info

Property Type
Offices
Listing Status
On Market
Parking Spaces
4
Address
Tenanted Investment, Lots 23 & 24, Lots 24 110-114 Collins Avenue, Edge Hill, Qld 4870
Joanne Brown
Joanne Brown
Danny Betros
Danny Betros
1st Floor, Village Lane, 20 Lake Street, Cairns City, Qld 4870
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Joanne Brown
Joanne Brown
Danny Betros
Danny Betros
1st Floor, Village Lane, 20 Lake Street, Cairns City, Qld 4870
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      Property ID: 504502848

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