Brand new 10 year lease to 2027 plus option to 2037
Fixed 3% rent increases providing guaranteed income growth
Fully refurbished 1,395 sqm tenancy including new upgrades to all major services to the building
Situated in proven retail and commercial district and surrounded by complementary tenants
Versatile 2,477 sqm land holding with prominent 36m main road frontage
Triple net lease: 100% of outgoings paid by the tenant including land tax
Total Tools: Australian owned trade network in operation for over 25 years with 60+ stores nationwide
Cairns: regarded as the capital of far north Queensland with an emerging population of approximately 200,000 and large scale domestic and foreign investment
Net Income: $215,000 pa + GST and Outgoings