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71 McLeod Street, Cairns City, Qld 4870

71 McLeod Street, Cairns City, Qld 4870

Offices

  • Sold Contact Agent
  • Fri 23-Apr-21

CAIRNS FRINGE CBD COMMERCIAL OFFICE INVESTMENT

  • SINGLE TENANT FREEHOLD INVESTMENT
  • LONG ESTABLISHED NATIONAL LEGAL FIRM
  • 7.2% RETURN

  • Floor Area
  • 626 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 01, 2021
  • Car Spaces
  • 8
  • Parking Comments
  • 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, CBRE - Cairns
Danny Betros

CAIRNS FRINGE CBD COMMERCIAL OFFICE INVESTMENT

PROPERTY DETAILS
71 McLEOD STREET CORNR OF MINNIE STREET, CAIRNS

Land Area: 1012m2

RPD: Lot 150 on Plan C1938 CTR 20773237

McLeod St Frontage: 20m x 50m frontage to Minnie St
Building Area: 626m2 plus 8 secured car parks

Building Features:
+ Aluminium framed glass windows and door entry to McLeod
Street
+ Full fit out in place including reception, 15 offices, 4 meeting
rooms, 16 workstations in a general work area and
male/female/disabled/lunch room locker room facilities.
+ Carpeted, suspended ceiling with recessed fluorescent
lighting.
+ Insulated metal roof recently replaced.
+ Ducted air-conditioning with some split systems
+ Secured car park area via entry off Minnie Street

TENANCY DETAILS
Lessee: Zabulon Pt Ltd as Trustee Trading as Maurice Blackburn
Lawyers (National Law Firm)
Lease Term: 5yrs+5yrs
Start date: 26th July 2018. Current term expires 25/7/2023.
Rent Reviews: 3% fixed PA. Review to fair market value in 2023.

71 McLeod Street, Cairns City, Qld 4870

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