1 & 2/77-81 Loridan Drive, Brinsmead, Qld 4870

A tightly held commercial investment offering a proven income stream, long-standing national tenant and outstanding investment fundamentals.

Positioned in the heart of Brinsmead, just 9km or approximately 13 minutes' drive from the Cairns CBD, this outstanding investment opportunity combines a strong income profile with an established national tenant and a strategic position within a tightly held local convenience precinct.

The property comprises Lots 1 & 2, with a combined floor area of 121m² on title, within a complex of just five lots. The surrounding tenancy mix includes a convenience store, takeaway and veterinary practice, creating a complementary group of established businesses servicing the surrounding residential catchment.

The standout feature is the tenant - Liquorland, part of the Coles Group - which has occupied the premises for more than 20 years, providing an exceptional track record of occupancy and the security associated with a highly recognised national brand.

The property itself is of rendered block construction with a tiled roof, providing a low-maintenance investment proposition.

Investment Highlights
• Strong and consistent return profile
•National tenant - Liquorland (Coles Group)
•20+ years of occupancy
•Current annual rent of $45,557.29
•3% or CPI annual increase, whichever is lower
•121m² total floor area across Lots 1 & 2
•Established five-lot commercial complex
•Complementary mix of established neighbouring businesses
•Strategic Brinsmead location, just 9km from the Cairns CBD
•Water and applicable council rates paid by the tenant
•Sellers' disclosure available

For investors seeking a commercial asset with strong ongoing returns, an established national tenant and a proven history of occupancy, this opportunity deserves serious consideration.

The combination of a long-standing Liquorland tenancy, contracted rental growth and a low-maintenance asset creates an attractive investment proposition for both experienced commercial investors and those looking to diversify their portfolio.

Opportunities to secure tightly held commercial investments with this combination of tenant strength, longevity and income stability are seldom available.

The property will be offered for sale by Auction.

Contact David Murphy today to register your interest and obtain further information.

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/ZpP0y