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60-72 Cook Street, Portsmith, QLD, 4870

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60-72 Cook Street, Portsmith, QLD, 4870

Portsmith

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60-72 Cook Street, Portsmith, QLD, 4870

Portsmith

SOLD
60-72 Cook Street, Portsmith, QLD, 4870

60-72 Cook Street, Portsmith, QLD, 4870

Properties / Sold / Queensland / Portsmith
Tenanted Investment
Selling Method
EOI
Selling Details
Closes on Wednesday 24th July 2024 at 5PM.
Floor Area
24016 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse
Terms
10 years + 5 years commencing 01/12/2020
Est. Income
$506,819 p/a
Fully Leased
BSE Cairns Slipways Pty Ltd
Zone
Industrial
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CAIRNS MARINE PRECINCT INVESTMENT - MAJOR INDUSTRIAL AND FUTURE DEVELOPMENT OPPORTUNITY
  • LANDMARK MARINE MAINTENANCE FACILITY
  • FULLY LEASED TO AUSTAL UNTIL 2030
  • WITH OPTIONS TO 2035

CBRE Cairns is proud to present this 'Major Industrial and Future Development Opportunity which is located 'front and centre' in amongst the Cairns marine and general maintenance and supply activity - next to the pending shared common user facility for the next generation navy vessels (2028).

ADDRESS: 60-72 Cook Street, Portsmith, Cairns QLD 4870

LAND AREA: 24,016m²*

BUILDING AREA: 5,219m²* + 320m²* mezzanine

CONSTRUCTION:

• All concrete slabs to shed areas

• Steel portal framed sheds with metal clad walls and roof

• Masonry block toilet area to the western side

• Slip rails extend from the centre main height shed through the front yard and across Cook Street to interconnect with the ship lift and transfer facility and slip way which is operated by Austal.

LEASE DETAILS:

Tenant: BSE Cairns Slipways Pty Ltd (website: australia.austal.com)

Term: 10 years + 5 years commencing 01/12/2020

Current Rental: $506,819 + GST + All Outgoings (as at 01/12/2023)

THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST.

Expressions of Interest closes on Wednesday 24th July 2024 at 5PM.

*areas are approximate only

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

60-72 Cook Street Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$506,819 p/a
Tenant
BSE Cairns Slipways Pty Ltd
Terms
10 years + 5 years commencing 01/12/2020
Floor Area
24016 m² (*approx)
Zone
Industrial
Selling Method
EOI
EOI Closing Date
24 Jul 2024 05:00PM
Selling Details
Closes on Wednesday 24th July 2024 at 5PM.

Investment Highlights

CAIRNS MARINE PRECINCT INVESTMENT - MAJOR INDUSTRIAL AND FUTURE DEVELOPMENT OPPORTUNITY
  • LANDMARK MARINE MAINTENANCE FACILITY
  • FULLY LEASED TO AUSTAL UNTIL 2030
  • WITH OPTIONS TO 2035

CBRE Cairns is proud to present this 'Major Industrial and Future Development Opportunity which is located 'front and centre' in amongst the Cairns marine and general maintenance and supply activity - next to the pending shared common user facility for the next generation navy vessels (2028).

ADDRESS: 60-72 Cook Street, Portsmith, Cairns QLD 4870

LAND AREA: 24,016m²*

BUILDING AREA: 5,219m²* + 320m²* mezzanine

CONSTRUCTION:

• All concrete slabs to shed areas

• Steel portal framed sheds with metal clad walls and roof

• Masonry block toilet area to the western side

• Slip rails extend from the centre main height shed through the front yard and across Cook Street to interconnect with the ship lift and transfer facility and slip way which is operated by Austal.

LEASE DETAILS:

Tenant: BSE Cairns Slipways Pty Ltd (website: australia.austal.com)

Term: 10 years + 5 years commencing 01/12/2020

Current Rental: $506,819 + GST + All Outgoings (as at 01/12/2023)

THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST.

Expressions of Interest closes on Wednesday 24th July 2024 at 5PM.

*areas are approximate only

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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60-72 Cook Street, Portsmith, QLD, 4870

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Property Location of 60-72 Cook Street, Portsmith, QLD, 4870

Property Map
60-72 Cook Street, Portsmith, QLD, 4870 Portsmith
CBRE - Cairns
CBRE - Cairns
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