332 Pease Street

Edge Hill QLD 4870

LOW RISK, CONSISTENT PERFORMING COMMERCIAL OPPORTUNITYAn opportunity to own a small part of a most sought after real estate location in Cairns.Building:- Rendered concrete masonry block lower level with weatherboard first floor features- Suspended ceilings throughout with mixed lighting- Each level has its own amenities and separate ducted and split system air-conditioning and metered power- Awning over paved footpath area and 6 off street concrete rear carparksInvestment Highlights:- Perfectly positioned just next to the Edge Hill 5 ways roundabout for easy access- A unique offering in the area as Esge Hill commercial properties rarely change hands- Excellent exposure- High quality improvements in excellent condition with functionable internal fit-outs.- No capital improvements or refurbishments required in the medium term- 2x long established successful local tenants- Capacity for future rental growth- Easily managed with only 2 tenants- Tenants pay all outgoings- Very low vacancy rates in this area and the subject property has not had a vacancy for years- Grease trap in place at rear for future reversionary use for food if needed- Easily strata titled in the future if required for exit strategy reasons.For more information, please call agent!