59 McLeod Street, Cairns City, QLD 4870

Offices | Offices | Offices

For Sale Offers Invited

  • Property ID: 358412
  • Floor Area: 647m² - 660m²
  • Land Area: 2024m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Multi-tenanted CBD office building

Colliers Cairns is pleased to offer to the market the fully occupied city office building, located at 59 McLeod Street Cairns.

Offered with the security of fresh leases, benefiting from two street frontages, the building itself is positioned to the forward boundary of McLeod Street, just north of the intersection of Florence Street on the fringe of the Cairns Business District, with rear access via the Water Street frontage providing access to the 39 secure off street covered car parks.

The building itself comprises 4 commercial strata allotments and adjoining common property; while held through different related entities, the commercial building is offered as a single transaction in one line. While this ownership structure serves benefit to the seller, an incoming purchaser may see greater efficiencies and/or savings in the amalgamation of the four lots into a single title, post settlement.

This fully leased city office building is offered for sale by private treaty.

Features Include:

-All leases less than 12 months new
-Passing income of $345,585 Feb 2020
-Land area 2,024m2*
-Two street frontages
-39 onsite carparks
-Front & rear elevators
-Extensively refurbished over the past 2 years

For more information or to arrange an inspection, please contact the marketing agent.

*Approximately

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Cairns City Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2870 $340 11.84%
Retail $12535 $379 3.02%
This is the average advertised price, rent and yield for Cairns City, 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™.
  • 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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