12/107-111 Newell Street Bungalow QLD 4870

Lot 12 comprises of 286m2* warehouse and 20m2* air-conditioned office.

The large warehouse space is divided into an open plan area plus a 66m2* caretakers residence, fully air conditioned with a quality bathroom. The residence plans are 'Council Planning' approved. The 66m2* would also be suitable for additional offices or storage. The neatly presented 20m2* air-conditioned office has separate entry at the front of the premises. The warehouse access is via two (2) electric 3m high roller doors. Both the office and caretakers residence have mezzanine floors over same which is currently used for storage.

The Internal roof height is 4.1m at its highest, with an average of 4 metres. Body Corporate have allocated funds and are 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.

The Strata Unit complex consists of a low level 17 Unit Strata Title Complex. Construction consists of concrete foundations with concrete slab flooring, masonry block walls, metal deck roof with steel framing.

Located approximately 5 kms to the Cairns CBD, 2kms to Cairns City Port and in close proximity to the Southern Access By Pass Road and all major vehicle arterial routes.

Lease Back Details
The sellers wish to lease back the building for a period of 2 years from the Sale Settlement date at a rental $51,425 + GST pa. Their current business operation is a shared space between a sculpture/designer and a builder (wife/husband).

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 approx

approximately*