Looking for an outstanding commercial space to launch your business or build it further? Here is an excellent opportunity to grab a 79 m² tenancy, including a drive-thru available to lease with a signage position on a pylon sign. Boxhead Coffee previously occupied the property and has an existing fit-out in place to assist the incoming tenant. The use of the existing equipment is possible, subject to terms and conditions, which will be stipulated in any lease agreement. The drive-thru tenancy and another food tenant (Café China) have access to a single shared toilet.
The property is strategically positioned in Cairns (Parramatta Park), a suburb in the Cairns CBD. The city of Cairns is approximately 19.5 hours north of Brisbane. Potential buyers can access the comprehensive demographics reports, which provide valuable insights into the local population and consumer behavior, upon request. The population in the region is projected to grow and reach 62,387 by 2031 (within a 10-minute drive), making the drive-thru a highly sought-after position for businesses.
The commercial precinct boasts a site area of 2,833 m² and has 34 car parks. The property for lease has a gross floor area of 79 m² internal + exclusive use of 301 m² drive-thru. It enjoys a high daily traffic exposure of 27,400 vehicles, and will continue to gain traction because of the presence of Cole's Shell Express and Café China (Asian Cuisine) in the centre.
Ideal Lease Terms:
Price to Lease: From $1,000 per week ($52,000 per annum)
Rental rate: $660 per m2 (Gross)
Ideal lease length: 5 to 10 years (the longer, the better)
Ideal annual rental increases: 5% per annum
Incentives: available and are provided on a case-by-case basis
Bank Guarantee: 6-month Rent
This is an exceptional opportunity to lease a highly visible property with a drive-thru in a high-growth region near the CBD. The commercial lease offers a long-term commitment, reasonable rent, and incentives, providing you with financial comfort and security. To take your business to the next level with maximum exposure in a busy centre, call us on the number given above TODAY!
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
