Under Contract
    HIGH YIELDING INVESTMENT OPPORTUNITY- PRIME CORNER LOCATION
    COMBINED CORNER SITE OF
    65 & 71 Mulgrave Road and 282 Draper Street, Parramatta Park

    Offered together as a combined sale, this property encompasses a prominent 2,416m2 high profile corner with unparalleled positioning. Strategically located just minutes from the Cairns CBD, these properties benefit from dual street frontages, outstanding exposure to one of Cairns busiest arterial roads, and convenient access to major transport routes.

    Property Details
    ▸ Five separate freehold titles offered as a combined sale
    ▸ 7+ 5 year lease to Beaumont Tiles Pty Ltd (Bunnings Owned)
    ▸ 5 + 5 + 5 year lease to Servco Australia Cairns Pty Ltd (Pacific Toyota)
    ▸ Net Income $294,435.05
    ▸ Large highly prominent 2416m2 corner site in a high growth area
    ▸ 65.70m frontage to Mulgrave Road
    ▸ 74.14m frontage to Draper Street
    ▸ Beaumont's showroom connects to two warehouses fronting Draper Street
    ▸ Toyota's car yard and sales office connects to a rear warehouse fronting Draper Street
    ▸ Close to Cairns Central Shopping Centre and major national retailers

    For Sale

    Property Information

    • Building Area
      2416m²
    • Land Area
      2416m²

    Available Documents

    Agent

    Laura Ots

    Director

    Email Laura

    Contact