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Unit 4, 97 Spence Street, Cairns City, Qld 4870

Unit 4, 97 Spence Street, Cairns City, Qld 4870

Offices

  • For Sale
  • Contact Agent
  • Offers to Purchase
  • Under Contract

BLUE CHIP COMMERCIAL INVESTMENT

  • COMMONWEALTH GOVERNMENT TENANT
  • FRINGE CBD STRATA OFFICE SUITE
  • GROUND FLOOR STREET FRONT POSITION

  • Floor Area
  • 214 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Partial
  • Last Updated
  • May 06, 2021
  • Return
  • 6.0% P.A.
  • Parking Comments
  • 2 REAR EXCLUSIVE SECURED CAR PARKS

Interested in this property? Contact an Agent today

CBRE - Cairns

1st Floor, Village Lane, 20 Lake Street

Cairns City Qld 4870

Danny Betros

BLUE CHIP COMMERCIAL INVESTMENT

+ The office is one of only five in the complex and is the only ground floor suite

+ Lot 4 on SP200260 CTR50666701
+ Area: 214m2 + 2 rear exclusive secured car parks

Features:
- Fully fitted out, carpeted and air conditioned
- 5 offices/Reception area
- General work area/Training room
- Lunch Area
- Own internal toilet and shower (recently installed as lease renewal)

TENANCY DETAILS:
- Lessee: Commonwealth of Australia - Dept of Defence
- Term: 5 yrs + 5 yrs (Tenant has been in occupation since 2015)
- Start Date: 6th September 2020
- Rent Reviews: 3% fixed pa for each year of the lease and
further option periods. No market review applicable.
- Outgoings payable by lessee in addition to rental
- Council rates, body corporate charges, water usage, air-
conditioning and fire services

Unit 4, 97 Spence Street, Cairns City, Qld 4870

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