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78-80 Anderson Street
Manunda QLD 4870
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78-80 Anderson Street Manunda QLD 4870

  • Shop & Retail
  • 1,476 m²
  • For Sale, EXPRESSIONS OF INTEREST

VERSATILE COMMERCIAL ASSET WITH SHORT TERM ACCOMODATION | NET INCOME: $400,000

    David Murphy is pleased to present 78-80 Anderson Street, Manunda, to the market for sale by Expressions of Interest. This exceptional property offers prominent corner frontage on a main road, making it an enticing opportunity for discerning investors. It comprises a modern, two-story, freestanding mixed-use building that is currently fully leased to a diverse and secure range of tenants. The property enjoys excellent exposure, being directly adjacent to Brothers Leagues Club and surrounded by well-known national brands such as Supercheap Auto, Early Settler, Tradelink, and Barbeques Galore, among others.

    This is an incredible opportunity to acquire a freehold, multi-tenanted investment in the heart of one of the best commercial precincts in the Cairns region.

    Key Investment Highlights:
    • 1,476 sqm* of building area across 2 levels, plus ample onsite and kerbside parking
    • 1,561 sqm* freehold site with corner frontage and three street frontages to Anderson, McLachlan, and MacDonnell Street
    • Diverse tenancy mix with retail, professional offices, and Airbnb
    • Estimated Net Income: $451,109 P.A. including GST
    • 15+* on-site parking spaces
    • Excellent exposure to 10,000* vehicles daily along Anderson Road
    • Significant population growth forecast for Cairns, underpinned by $1 billion in regional projects and a further $11* billion in the economic pipeline, with a total investment and development pipeline of $14.2* billion
    • Strategic location within a bustling retail and industry services hub, only 3.2 km* to the Cairns CBD and 5.4 km* to Cairns Airport by road

    78-80 Anderson Street, Manunda, is being sold via Expressions of Interest, with all offers to be submitted on or before 5 pm Monday, 14 October 2024 (unless sold prior).

    Contact David Murphy today for a full information memorandum or to arrange a private viewing.

    Ray White Cairns and Cairns Beaches
    Ray White Cairns and Cairns Beaches
    37 Grafton Street
    Cairns, QLD 4870

    Property Highlights

    Floor Area1,476 m²
    Land Area1,561 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019483726
    Category
    Last updated  10 Oct 2024
    Map for 78-80 Anderson Street Manunda QLD 4870
    Ray White Cairns and Cairns Beaches
    Ray White Cairns and Cairns Beaches
    37 Grafton Street
    Cairns, QLD 4870

    Property Highlights

    Floor Area1,476 m²
    Land Area1,561 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019483726
    Category
    Last updated  10 Oct 2024

    Co-Agents

    David Murphy
    Ray White Cairns and Cairns Beaches
    Call
    0402 838 608
    Ray Murphy
    Ray White Cairns and Cairns Beaches
    Call
    0408079340

    More about 78-80 Anderson Street Manunda QLD 4870

    78-80 Anderson Street Manunda QLD 4870 is categorized as Shop & Retail Property. It has a floor area of 1,476 m² and a land area of 1,561 m². The listing ID for this property is 2019483726.

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