76 Lake Street,
Cairns City, QLD 4870
Shops & Retail • Offices • Medical & Consulting
Price information
Sale
Contact Agent
Under Contract
Key property information
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Partially Leased
Est. Incomep.a.
$528,833
Number of Tenants
3 Tenants
Tenants / Type
The Commonwealth Bank of Australia
Private inspections
to arrange a private inspection.
Map of 76 Lake Street
Train stations within 5 km of 76 Lake Street, Cairns City, QLD 4870 Distance Cairns 693 m Portsmith Station 3.1 km POWERED BY HERE ©Bus stops within 5 km of 76 Lake Street, Cairns City, QLD 4870 Distance Spence Street at Grafton St 257 m Cairns Central Shopping Centre 561 m Greyhound Bus Stop Cairns 679 m Florence Street at Sheridan Street 683 m Lake Street at Cairns Private Hospital 908 m POWERED BY HERE ©
POWERED BY HERE ©
$5.95M SALE PRICE WITH 8.9% NET YIELD TENANTED INVESTMENT OPPORTUNITY
- THE COMMONWEALTH BANK BUILDING
- RIGHT IN THE HEART OF THE CAIRNS CBD
- LEASED UNTIL AUG 2027 + OPTIONS TO 2033
ADDRESS: 76 Lake Street, Cairns City
Home of The Commonwealth Retail and Commercial Bank For Over 30 Years
LOCATION: The property is located in the absolute heart of the Cairns CBD on Lake Street. It is within 500m of The Cairns Night Markets, The Reef Hotel Casino, Cairns Central Shopping Centre, Reef Fleet Terminal, Cruise Liner Terminal, all major 4 and 5-star hotels and the Cairns Convention Centre.
LAND AREA: 1,012m²
BUILDING AREA: 1421m²
- Ground Floor (CBA) - 797m²
- First Floor (7 Offices) - 624m²
FRONTAGE: 20m to Lake Street
The offering is a two level freehold building with retail on the ground floor and office space on the first floor. The ground floor is leased to the Commonwealth Bank of Australia and is the main branch for for the Cairns area. The first floor is accessed via stairs or elevator and consists of 7 separate offices tenancies, which is currently leased to two tenants.
NET RENTAL: $528,833
EXPRESSIONS OF INTEREST CLOSES WEDNESDAY 6th MARCH 2024
*approx.
Home of The Commonwealth Retail and Commercial Bank For Over 30 Years
LOCATION: The property is located in the absolute heart of the Cairns CBD on Lake Street. It is within 500m of The Cairns Night Markets, The Reef Hotel Casino, Cairns Central Shopping Centre, Reef Fleet Terminal, Cruise Liner Terminal, all major 4 and 5-star hotels and the Cairns Convention Centre.
LAND AREA: 1,012m²
BUILDING AREA: 1421m²
- Ground Floor (CBA) - 797m²
- First Floor (7 Offices) - 624m²
FRONTAGE: 20m to Lake Street
The offering is a two level freehold building with retail on the ground floor and office space on the first floor. The ground floor is leased to the Commonwealth Bank of Australia and is the main branch for for the Cairns area. The first floor is accessed via stairs or elevator and consists of 7 separate offices tenancies, which is currently leased to two tenants.
NET RENTAL: $528,833
EXPRESSIONS OF INTEREST CLOSES WEDNESDAY 6th MARCH 2024
*approx.
Property ID: 504509280Last Updated: 18 Apr 2024
04187720...
76 Lake Street
Cairns City, QLD 4870
CBRE - Cairns1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870
CAIRNS CITY, QLD 4870
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