Fully Leased Block of Shops 9% Nett Return
Block of 4 shops located across the road from St Mary's Catholic School and the popular Coconuts Resort.
Positioned on an 812m2 commercial zoned corner parcel of land, this block of shops with 194m2 NLA has recently been refurbished and there are plans for a 167m2 extension.
There is a good tenant mix with 5% fixed annual increases and tenants pay 100% of outgoings.
A registered bank valuation is available for serious buyers.
Perfect for Superfund and depreciation.
Contact: Exclusive agent Helen Crossley - Ray White Commercial Cairns for more information.
Mr RonlundHelen is unique ,very prompt,efficient,swift and courteous,a perfect example of a superb administrator,who makes things happen and a pleasure to do business with.