Colliers International (Cairns) and A&A Realty (Innisfail) are pleased to offer the commercial property at 95-99 Ernest St Innisfail QLD for sale by Auction on 10 August 2017 at Pullman International Cairns.
95-99 Ernest Street Innisfail is in a prime position on one of the major arterial roads into the business centre of Innisfail, some 80km south of Cairns. The property consists of three stand-alone buildings positioned over 2 titles with a total land area of 3,035m2*.
The property comprises of a mix of three commercial / residential buildings. The property has a single commercial anchor tenant in "Prices Plus", with one other small commercial tenancy and six residential flats.
Building one is the main commercial building of the property - it has concrete floors and is constructed of a combination of masonry block and iron sheeting, the retail area is air conditioned with the anchor tenant being Prices Plus. There are 18 carparks available for customers and workers, plus the Council carparks on Ernest and Grace Street.
With access via Ernest street, building two is a two-level building constructed of brick rendered, brick sheeting and iron sheeting, there are timber floors upstairs and concrete floors downstairs with six car parks provided underneath.
The first floor houses four flats, with the ground level consisting of 1 x toilet / shower and 1 x office / smoko area; there is also a shed area on the ground level – which was previously utilised as storage for 3 buses plus mechanic’s workshop (currently empty).
Facing Ernest street is building three which consists of a two-level brick render building with timber floors upstairs and concrete floors downstairs. There are two flats on the first level and one commercial tenancy downstairs.
Property Highlights:
• 3,035m2* total land area
• 3 standalone buildings under two titles
• Prime positioning in business centre of Innisfail
• Long & short term commercial leases
• Mix of both commercial & residential buildings
• Multiple income streams - with upside
• Gross income $139,600* pa
95-99 Ernest Street Innisfail is for sale by auction on Thursday 10 August at 11am - Pullman International, 17 Abbott Street, Cairns.
For further information, please contact Charlie Torrisi on 0408 006 123, Stacey Quaid on 0418 773 258 or Alf Pagano on 0418 774 849.
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