Sold
Industrial/Warehouse

7 Owen Close Portsmith, QLD 4870

Sold on 1 Mar 2018
  • Building: 430m²
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Industrial/Warehouse in Portsmith

Freehold Commercial Building - Huge Price Reduction

  • Building: 430m²

Unique opportunity to buy one of only two licensed brothels in Cairns. Well located in the CBD fringe and can be utilised for many purposes.

This freehold commercial building and balance of land offers redevelopment potential in a prime location that will suit many users. The site is in the centre of a Mixed Use precinct including industrial, retail shopping centres, bulky goods and Cairns Port.

The large building currently on site was previously utilised as a brothel and can continue trading within this use under the Cairns Town Plan. It is approximately 430 m2 with 10 car parking spaces, external concrete driveway, parking, landscaping, high metal security fencing, reception, office, eight rooms (five being bedrooms), store room, laundry and double garage.

The 2,095 m2 allotment is level with approximately 50% of the land undeveloped. It is situated at the end of Owen Close in a cul-de-sac and is bound by a road reserve to the immediate north.

The seller has just instructed us to significantly reduce the Sale price. Contact exclusive agent Scott Green for updated information.

Building:

430m²

Categories:

Industrial/Warehouse, Showrooms/Bulky Goods, Hotel/Leisure

7 Owen Close, Portsmith, QLD 4870