Auction

129A Lake Street,
Cairns City 4870, Queensland

74m² land size
74m² building size
Offices

Property details

FIVE-OFFICE PACKAGE - CBD INVESTMENT OPPORTUNITY

Lots 4, 13, 14, 15 & 16, Crangold Centre 129A Lake Street, Cairns City

Five-office package!

Secure a collection of five compact commercial offices in the centrally located Crangold Centre, offering an accessible entry into Cairns CBD commercial property investment.

The five-office package provides scope to generate rental income across multiple tenancies, with flexibility to lease the offices individually or accommodate businesses seeking several spaces. For owner-occupiers, there is also the opportunity to establish your own workspace while leasing the remaining offices.

Close to the Cairns Esplanade, cafés, public transport and public parking, the location offers practical convenience for prospective tenants and their clients. Lift access, shared kitchen facilities and communal amenities complement the private offices.

An opportunity to build your commercial property portfolio with multiple lettable spaces in one central location.

The offices-individual specifications

Office 4

Approximately 13m² of office space, featuring air-conditioning, existing carpet and curtains, and access to shared kitchen and amenity facilities.
Recently Rented for $987.55 + GST per month.

Office 13

Approximately 21m², making this the largest office in the collection. Positioned on the first floor, it features a large window bay providing natural light, with lift access, shared kitchenette facilities and communal amenities.
Recently Rented for $1,400 + GST per month.

Office 14

Approximately 13m² on the first floor with lift access. Air-conditioned, with existing carpet and curtains, shared kitchen facilities and communal amenities.
Currently vacant and ready to occupy.

Office 15

Approximately 13m² of first-floor workspace. Individually lockable, air-conditioned and carpeted, with convenient lift access and communal kitchen facilities on the same level.
Currently vacant and ready to occupy.

Office 16 |

Listed building area of approximately 14m². This first-floor office is individually lockable, air-conditioned and carpeted, with lift access and shared kitchen and amenity facilities.
Recently Rented for $872.73 + GST per month.

One location. Five offices. Flexible purchasing options.

For an owner-occupier, this is an opportunity to establish a dedicated business address and separate work from home. For an investor, purchasing the collection offers the potential to spread future rental income across multiple office tenancies, subject to securing tenants.

*Body Corporate approx. $3.539.20 per office
*Rates approx. $1928.90 per office
*Rental appraisal $280-$350 per office

Contact Claudio Di Bartolomeo at Ray White Cairns on 0413 337 306 to discuss individual purchases, the five-office package or arrange an inspection.

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/V431q

Disclaimer: All information contained herein has been provided by the seller and other sources considered reliable. While every effort has been made to ensure its accuracy, no warranty or representation is given. Interested parties must undertake their own investigations and obtain independent professional advice regarding the property, its permitted use, dimensions, outgoings, parking arrangements and all other relevant matters. Areas are approximate, and prices and availability are subject to change without notice.

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School catchments

  • Mastery Schools Australia - Cairns Campus Combined Independent 0.17km
  • St Joseph's School Primary Prep-6 Catholic 1.1km
  • Parramatta State School Primary Prep-6 Government 1.3km
  • Cairns School of Distance Education Combined Prep-12 Government 2.5km
  • Mother of Good Counsel School Primary Prep-6 Catholic 3.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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