12/107-111 Newell Street Bungalow QLD 4870

Property Type - Strata Titled Commercial Mixed Use Complex
RPD - Lots 12 on BUP 70977
Lot Area - 306m2
Zoning - Medium Impact Industrial
Outgoings - Council Rates $3000 pa approx
Body Corporate Fees $11600 pa
Property Description
Improvements - Constructed on the site is a low level 17 Unit Strata Titles Complex. Construction consists of concrete foundations with concrete slab flooring, masonry block walls, metal deck roof with steel framing.
Lot 12 has a neatly presented air-conditioned office of 20m2 approximately
Warehouse area is approx 286m2 which includes a caretakers residence (plans in with council for approval) again fully air conditioned with a quality bathroom. This area could also be suitable for additional offices or storage. Area is 66m2.
Both the office and caretakers room have mezzanine floors over same which is used for storage
Internal roof height is 4.1m at its highest, average 4 metres
2 electric roller doors of 3 metres each
Body Corporate have allocated funds and replacing the roof in the complex, Lot 12 is due to commence in the near future
Lot 12 has approval from the Body Corporate to increase the height of the roof line and remove internal steel columns
107-111 Newell Street is located approximately 5 kilometres to the Cairns CBD, 2km to Cairns City Port and in close proximity to the Southern Access By Pass Road and all major vehicle aerial routes

Lease Details
The Sellers wish to lease back the building for a period of 2 years from the Sale Settlement date at a rental to be agreed up with Buyers

Asking Price - $675000