Colliers Cairns presents for sale the fully tenanted investment opportunity located at 34 Cassowary Street, Innisfail Queensland 4860. The property is being offered to the market for sale by Expressions of Interest closing Thursday 26 February at 4pm.
Leased by a long standing community organisation, this income producing asset generates just over $120,000 annually. Positioned just off the Bruce Highway and only a short distance from the Innisfail CBD, the entry-level investment property sits among a mix of established commercial businesses.
The building with an NLA of 948m2* features a practical office layout with seven offices, a reception area, a conference room, staff amenities, storage, and a server room. A two bedroom, one bathroom apartment is located above the ground floor office. At the rear, a warehouse with multiple high bay roller doors adjoins secure undercover parking, with additional on street parking available.
-2,023m2* freehold land with substantial improvements
-Fully tenanted commercial property
-Net income of $121,000pa with fixed 3% rent increases
-443m2* office space across two floors
-480m2* high bay warehouse to the rear of the property
-2-bedroom apartment positioned above the office space
-Secure undercover parking at the rear of the property
Located approx 70 km south of Cairns, Innisfail is the largest township in the Cassowary Coast Region. Set at the junction of the North and South Johnstone Rivers and only minutes from the coast, it offers a scenic tropical setting. With more than 13,000 residents and a strategic position along the Bruce Highway, Innisfail serves as a key regional hub, known for its Art Deco architecture, multicultural character, and growing tourism driven by nearby rainforests, beaches, and national parks.
Investments of this quality and amenity are rarely available in Innisfail. We recommend your early review.
For more information, contact the agent.
*approx.
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
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