60-72 Cook Street Portsmith QLD 4870

CBRE Cairns is proud to present this 'Major Industrial and Future Development Opportunity which is located 'front and centre' in amongst the Cairns marine and general maintenance and supply activity - next to the pending shared common user facility for the next generation navy vessels (2028).

ADDRESS: 60-72 Cook Street, Portsmith, Cairns QLD 4870

LAND AREA: 24,016m²*

BUILDING AREA: 5,219m²* + 320m²* mezzanine

CONSTRUCTION:

All concrete slabs to shed areas
Steel portal framed sheds with metal clad walls and roof
Masonry block toilet area to the western side
Slip rails extend from the centre main height shed through the front yard and across Cook Street to interconnect with the ship lift and transfer facility and slip way which is operated by Austal.

LEASE DETAILS:

Tenant: BSE Cairns Slipways Pty Ltd (website: australia.austal.com)

Term: 10 years + 5 years commencing 01/12/2020

Current Rental: $506,819 + GST + All Outgoings (as at 01/12/2023)

THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST.

Expressions of Interest closes on Wednesday 24th July 2024 at 5PM.

*areas are approximate only