



105 McGregor Road, Smithfield presents a rare opportunity to secure a fully leased industrial investment in the heart of Cairns' Northern Beaches. Secure Income, Future Upside The property is underpinned by a new 3-year lease plus 3-year option to an established long-term mechanical workshop operator, delivering secure holding income from day one. Situated on a substantial 1,616 sqm freehold site with a 400 sqm warehouse, the property benefits from a large underutilised land component, providing future repositioning, expansion, or redevelopment potential (STCA). With strong underlying land value, this is an ideal land banking investment with immediate cash flow and long-term upside. Key features include: • Secure new 3-year lease plus 3-year option • Established long-term mechanical workshop tenant • Large 1,616sqm freehold industrial allotment • 400sqm workshop improvement • Significant surplus land providing future value-add potential • Strategic Northern Beaches location with strong underlying land value • Attractive land banking opportunity with redevelopment potential (STCA) Secure the income today and unlock the potential tomorrow. For Sale by Public Auction Thursday 29 October at 11:00am On Site Inspections by Appointment Only
Email enquiry to CBRE - Cairns
Property ID: 505246440
Original Property ID: 505246440