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94-96 Edith Street, Innisfail, QLD, 4860

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94-96 Edith Street, Innisfail, QLD, 4860

Innisfail

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94-96 Edith Street, Innisfail, QLD, 4860

Innisfail

SOLD
94-96 Edith Street, Innisfail, QLD, 4860

94-96 Edith Street, Innisfail, QLD, 4860

Properties / Sold / Queensland / Innisfail
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Contact Agent
Land Area
427 m² (*approx)
Floor Area
700 - 744 m² (*approx)
Property Type
Offices, Retail
Sub-type
Cafe/Restaurant, Office Suites
Est. Income
$86,422 p/a
Show All
CBD Commercial Investment - Circa 10% Return

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.

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

94-96 Edith Street Investment Summary

Property Type
Offices, Retail
Sub-type
Cafe/Restaurant, Office Suites
Est. Income
$86,422 p/a
Land Area
427 m² (*approx)
Floor Area
700 - 744 m² (*approx)
Selling Method
Sale by Negotiation
Selling Details
Contact Agent

Investment Highlights

CBD Commercial Investment - Circa 10% Return

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.

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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94-96 Edith Street, Innisfail, QLD, 4860

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Property Location of 94-96 Edith Street, Innisfail, QLD, 4860

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94-96 Edith Street, Innisfail, QLD, 4860 Innisfail
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