12 Norman Street, Gordonvale, QLD, 4865
$465,000
Sold on 1st November 2021
1012 SQM
Sold
warehouse / industrial
Rare Opportunity to secure Freehold Industrial Warehouses under $500k
Opportunity for an Owner Occupier to purchase a group of warehouses in Gordonvale just 20 minutes south of the Cairns CBD, or an Investor to secure a tenanted property.
515m2 approximately of Warehouses divided into 5 individual units with 4 tenants
Land Area 1012m2, a prominent corner site with rear laneway access.
All 4 tenants have occupied their premise’s for a number of years.
No leases are in place creating opportunity to re-negotiate.
Masonry block construction, concrete slab floor, gable pitched iron clad roof, rear Male and Female shared toilets
Current Gross income $38000 pa approx. – no gst ( average just $73.80/m2)
UCV – $175000
This investment will not last long!
Property Details
Property Type: Commercial
Floor Area: 460 SQM
Land Area: 1012 SQM
Property Location