33/21-25 Lake Street, Cairns City, QLD 4870

Offices | Offices | Offices

For Sale $325,000

  • Property ID: 374069
  • Floor Area: 217m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
Affordable CBD investment

Investors take note - this predominately tenanted commercial strata in the heart of the corporate precinct on Lake Street, right next door to the Cairns Corporate Tower is for sale with a passing income of $24,512.

Suited to both the savvy investor and owner-occupier seeking to secure a stake hold in the CBD, the property also offers multiple options for the purchaser including revenue upside for the investor, or the buyers option of occupying part of the property while continuing to collect an income for the balance.

Located on the second level of the Travel Town Complex, this commercial unit represents a total area of 217sqm*, the current configuration consists of three stand-alone tenancies of relatively equal proportions tenancies of which two are currently leased leaving a vacant 60sqm tenancy.

Set amongst numerous professional and corporate offices, the property offers great networking potential to the occupant with a wide selection of popular cafes, restaurants and other retail outlets at your doorstep.

With limited commercial offices currently available in this location, Colliers International recommends your serious and immediate consideration of this property.

Features:

- Passing income in excess of $24,500*
- Centrally and strategically located strata office
- Flexible floor plan, currently configured into three separate offices
- Signage and branding options available for corporate exposure
- Allocated off-street carpark

For more information, contact Jay Beattie.

*approximately

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.

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 $3021 $332 10.98%
Retail $8005 $389 4.86%
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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