This prime investment property is situated in the heart of the Cairns CBD with main frontage to Lake Street, and rear access with frontage to Grafton Street. The Grafton Street frontage neighbours the Rydges Hotel. The property is leased to 2 solid tenants in the Bendigo Bank and Barkins.

The property is freehold titled and situated on 3 separately titled allotments. The land area is approximately 1347m2. Building area is approximately 789 m2.

The building is a character design with modern well appointed shops, fully carpeted and air-conditioned. The current net income is approximately $293,000 net per annum.

The property is for sale by public auction on September 24th , 2009, “Unless sold beforehand” – Pre-auction offers invited.

DETAILS: GLENN CONRIDGE ON (0413) 873 337