City heart opportunity
Prime CBD space up for sale
A PRIME commercial opportunity has just been released to market in the heart of the Cairns CBD.
Colliers International (Cairns) has listed an office building, opposite the recently completed Performing Arts Centre at 95 Sheridan Street, for sale by private treaty.
Covering a floor area of 1023 sqm the two-storey building is offered for sale at $2,150,000.
International marketing agent Jay Beattie said the property represented a real opportunity.
“Properties along Sheridan St only come along every now and again. Free-standing buildings on high-profile locations like this are a rarity making this a unique offering in the market place,” he said.
Appealing to investors and owner occupiers, this striking two-level freehold commercial property provides prominent exposure as well as off-street carparking.
Recently refurbished, the first floor features an abundance of natural light and a comprehensive fit-out with a new kitchen and floor coverings.
“The subject property provides good exposure to busy Sheridan Street,” Mr Beattie said.
Comprising two tenancies, the ground floor is leased to Australian Hearing, while the upper level is occupied by Herron Todd White.
Australian Hearing has occupied the ground floor for the past decade with the current lease expiring on July 5, 2020.
First-floor tenants Herron Todd White property valuers are not currently held under a lease, and have indicated they are prepared to vacate the property if the new owners require the use of the space.