150 Lyons Street Cairns QLD 4870

Address: 150 Lyons Street, Bungalow, Cairns QLD 4870

Land Area: 1672m²

Building Area: 822m² - Currently divided into two areas of 274m² and 548m²

Zone: Industry

THIS PROPERTY OFFERS THE UNIQUE OPPORTUNITY OF SEVERAL OPTIONS:

- 100% Vacant Possession with relevant notice.
- Part tenanted either on a lease basis or casually as is now.
- Part owner occupy the property and lease out the balance.
- Lease the whole building to one tenant.

TENANCY DETAILS:

A. Tenant: Burson Automotive Pty Ltd

- Area: 548m² (corner position) - retail display/warehouse style
- Term: Currently no lease in place. Lessee remains on a month to month arrangement. THE LESSEE HAS REQUESTED A NEW LEASE.
- Current Rental: $84,553 p.a. + GST (gross)

B. Tenant: Vacant Tenancy

- Area: 247m² (currently offices with small rear warehouse of 75m²
- Market Rental: $46,500 + GST + Share of Outgoings (approx.)

THIS PROPERTY IS FOR SALE BY PUBLIC AUCTION TO BE HELD ON SITE:

- Auction Date: Thursday 22nd February 2024 @ NOON (12PM)

*areas are approximate