156-160 Grafton StreetCairns City QLD 4870
Property Details for 156-160 Grafton St, Cairns City
Last Listing description (March 2022)
* Fully leased medical property investment with outstanding tenancy mix including large Day Surgery, Pharmacy, GP Medical Centre and Pathology Laboratory.
*Blue Chip tenant profile including Ramsay Health Care (67% of NLA), QML (23% of NLA), and Cairns 24 Hour Medical Centre (10% of NLA).
*Strategic location in the heart of Cairns CBD and the regions key Healthcare Precinct.
*Purpose built freestanding facility totalling 2,468sq.m with ample basement carparking.
*Net Income of $1.36M and in-built rental growth from CPI to 4%.
For Sale Via Expressions of Interest Closing Friday 16 th October 2020 at 12pm AEST
*Fully Leased Healthcare Real Estate Investment
*Blue Chip Tenant Profile including Ramsay Health Care, QML and Cairns 24 Hour Medical Centre
*Strategic location in the heart of Cairns CBD and the regions key Healthcare Precinct
Property History for 156-160 Grafton St, Cairns City, QLD 4870
- 12 Feb 2025Sold for $23,000,000
- 25 Nov 2020Sold for $22,500,000
- 22 Sep 2020Listed for Sale Contact the agent
About Cairns City 4870
The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.
Cairns City has 3,436 properties.
What's around 156-160 Grafton St, Cairns City
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