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60-72 Cook Street, Portsmith, QLD, 4870

Properties / Buy / Queensland / Portsmith

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closes on Wednesday 24th July 2024 at 5PM.

Floor Area

24016 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse

Terms

10 years + 5 years commencing 01/12/2020

Est. Income

$506,819 p/a

Fully Leased

BSE Cairns Slipways Pty Ltd

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2. Property Highlights

CAIRNS MARINE PRECINCT INVESTMENT - MAJOR INDUSTRIAL AND FUTURE DEVELOPMENT OPPORTUNITY

LANDMARK MARINE MAINTENANCE FACILITY
FULLY LEASED TO AUSTAL UNTIL 2030
WITH OPTIONS TO 2035

CBRE Cairns is proud to present this 'Major Industrial and Future Development Opportunity which is located 'front and centre' in amongst the Cairns marine and general maintenance and supply activity - next to the pending shared common user facility for the next generation navy vessels (2028).

ADDRESS: 60-72 Cook Street, Portsmith, Cairns QLD 4870

LAND AREA: 24,016m²*

BUILDING AREA: 5,219m²* + 320m²* mezzanine

CONSTRUCTION:

• All concrete slabs to shed areas

• Steel portal framed sheds with metal clad walls and roof

• Masonry block toilet area to the western side

• Slip rails extend from the centre main height shed through the front yard and across Cook Street to interconnect with the ship lift and transfer facility and slip way which is operated by Austal.

LEASE DETAILS:

Tenant: BSE Cairns Slipways Pty Ltd (website: australia.austal.com)

Term: 10 years + 5 years commencing 01/12/2020

Current Rental: $506,819 + GST + All Outgoings (as at 01/12/2023)

THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST.

Expressions of Interest closes on Wednesday 24th July 2024 at 5PM.

*areas are approximate only

Remember to mention you found this property on CommercialReady

Property Type

Industrial

Sub-type

Office/Warehouse

Est. Income

$506,819 p/a

Tenant

BSE Cairns Slipways Pty Ltd

Terms

10 years + 5 years commencing 01/12/2020

Floor Area

24016 m² (*approx)

Selling Method

EOI

EOI Closing Date

24 Jul 2024 05:00PM

Add to calendar

Selling Details

Closes on Wednesday 24th July 2024 at 5PM.

2. Property Highlights

CAIRNS MARINE PRECINCT INVESTMENT - MAJOR INDUSTRIAL AND FUTURE DEVELOPMENT OPPORTUNITY

LANDMARK MARINE MAINTENANCE FACILITY
FULLY LEASED TO AUSTAL UNTIL 2030
WITH OPTIONS TO 2035

ADDRESS: 60-72 Cook Street, Portsmith, Cairns QLD 4870

LAND AREA: 24,016m²*

BUILDING AREA: 5,219m²* + 320m²* mezzanine

CONSTRUCTION:

• All concrete slabs to shed areas

• Steel portal framed sheds with metal clad walls and roof

• Masonry block toilet area to the western side

• Slip rails extend from the centre main height shed through the front yard and across Cook Street to interconnect with the ship lift and transfer facility and slip way which is operated by Austal.

LEASE DETAILS:

Tenant: BSE Cairns Slipways Pty Ltd (website: australia.austal.com)

Term: 10 years + 5 years commencing 01/12/2020

Current Rental: $506,819 + GST + All Outgoings (as at 01/12/2023)

THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST.

Expressions of Interest closes on Wednesday 24th July 2024 at 5PM.

*areas are approximate only

Remember to mention you found this property on CommercialReady

60-72 Cook Street, Portsmith, QLD, 4870 Portsmith

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CBRE - Cairns

First Floor, Village Lane 20 Lake Street Cairns, QLD 4870

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Danny Betros

+61 *** *** *** show +61 418 772 049

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60-72 Cook Street, Portsmith, QLD, 4870