Colliers Cairns as exclusive marketing agents are pleased to present 94-96 Edith Street, Innisfail Queensland 4860, as a unique investment opportunity in the Cassowary Coast Region. The commercial investment is placed on the market for sale with a 10% return.
94-96 Edith Street, Innisfail presents as a partially leased investment, with an immediate income of $86,422.73 ex GST, with potential for future development. The site offers an NLA of approximately 744m2* over two levels and a freehold land area of 427m2*.
The property is predominantly tenanted with two of the three tenancies being in occupation for decades. The Gumloon restaurant has traded from the same location for over 40 years with Vince Martin Solicitors having held a similarly impressive tenure.
With 94-96 Edith Street underpinned by strong tenants alongside the prominent CBD positioning, the immediate rental income and proximity to national retailers, it is a valuable investment opportunity.
Features:
- Immediate net income of $86,422pa*
- Versatile, multipurpose building with NLA of 744m2*
- 427m2* freehold site with prominent positioning in town centre
- Direct frontage onto main thoroughfare
- Multiple long-term tenants who have been trading at this address for decades
- Mixed use space - combination of office space & restaurant
- Surrounded by national retailers including Hungry Jacks, Coles, Harvey Norman, and
Bunnings
For more information, contact the agent.
*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
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