261 Spence Street, Bungalow, QLD 4870

Investment | Offices

Sold $590,000

  • Property ID: 295837
  • Floor Area: 236m²
  • Land Area: 495m²
  • NBN Availability: Service Available
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 236m2 495m2 N/A
Freehold Tenanted Investment Close To Cairns

2.8 kilometres from Cairns CBD, this commercial office complex has been specifically designed, built and meticulously maintained to suit a wide range of businesses.
Office space - 145 sqm
Training room - 56 sqm
Storage/workshop space - 35sqm

* Net lettable of approximately 236 sqm
* New 3 year + 3 year lease
* Current gross income $45,600pa
* Zoned Medium Impact Industry

Contact: Exclusive agent Helen Crossley - Ray White Commercial Cairns for more information.

Additional Information
Features
  • Zoning: Medium Impact Industry
Bungalow Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $239 ---
Industrial --- $173 ---
Retail --- $173 ---
This is the average advertised price, rent and yield for Bungalow, QLD 4870*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 261 Spence Street, Bungalow, QLD 4870. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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