LEASED PRIME INVESTMENT, CAIRNS ESPLANADE
SOLD
Lot 12/71-75 Esplanade
Cairns QLD 4870
Retail
FOR SALE
87m2
• Blue chip tenant – Coffee Club
• Net rent $210,575 per annum
• Dual frontage to Foodcourt and Esplanade
• New 5 year lease in place with 2 x 5 year options
• 4% annual rent increases plus rent reviews to market at each option
• Offered for sale at 8.5% R.O.I
• Net rent $210,575 per annum
• Dual frontage to Foodcourt and Esplanade
• New 5 year lease in place with 2 x 5 year options
• 4% annual rent increases plus rent reviews to market at each option
• Offered for sale at 8.5% R.O.I