SUMMARY
Mega Share House for Sale
DESCRIPTION
Phone enquiries - please quote property ID 25976.
Income generating asset plus development potential (STCA)
Large freehold investment property with two street frontages. Currently operating as a Mega Share House opposite Munro Martin Park and moments from Cairns City Centre. Good business with many rooms currently tenanted with good residents who have been there a long time. Fully fenced and secure lot with multiple buildings, a three bedroom managers accommodation onsite including secure off street parking. Easy to manage and profitable with room to expand if desired. Accommodation business has listings on popular websites.
PROPERTY DETAILS
RPD: Lot 11 RP: 748875
Total Land Area: 3056m2
Dimensions: Frontage to Grafton Street - 60 meters and Minnie Street - 50 Metres
Title Encumbrances: Nil. There are no easements on the property.
Zone: Medium Density Residential
TENANCY: There are currently casual but long term tenants in place.
DEVELOPMENT OPPORTUNITY: This site is ideal for high density strata titled residential development subject to council approvals and design.
IMPROVEMENTS (refer to floor plan for circled building numbers):
Building 1 is a high-set timber dwelling, which comprises an office, lounge area, baggage room to the ground level with three rooms, kitchen, lounge/dining room, bathroom and separate toilet to the upper level. This is currently the ownerâs residence.
Building 2 comprises to the ground level various rooms, male and female amenities and a large communal kitchen with upper level comprising a mixture of accommodation and male and female amenities.
Building 3 is a two storey building to its frontage and a single level to its rear with a walkway between the two. The front building comprises three accommodation units to the ground level including a self contained flat with bathroom facilities with five rooms to the upper level. The rear portion of the building comprises two ground level rooms.
Building 4 to the upper level comprises four large rooms with communal kitchen and bathroom and separate toilet facilities. The ground level comprises separate male and female amenities, communal laundry facilities and one accommodation room.
Building 5 fronting Minnie Street is a highset two bedroom managerâs residence with enclosed front and side verandas providing two single rooms. Underneath the dwelling are two additional rooms and laundry.
Garden Amenities
Four WCs, three showers, two hand basins and ceramic floor tiles to the female amenities
Two WCs, two showers and two hand basins and ceramic floor tiles to the male amenities
Ground Improvements
⢠In round concrete swimming pool to Grafton Street frontage
⢠Covered dining area off main communal kitchen
⢠Large covered entertainment area to Minnie Street frontage
⢠Open car parking facilities
⢠Boundary fencing and basic landscaped lawns and gardens
⢠Clothes drying area
⢠A workshop and three storage rooms
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.Australia,
149 Grafton Street,
Cairns City,
QLD,
4870
Cairns City QLD 4870Phone enquiries - please quote property ID 25976.
Income generating asset plus development potential (STCA)
Large freehold investment property with two street frontages. Currently operating as a Mega Share House opposite Munro Martin Park and moments from Cairns City Centre. Good business with many rooms currently tenanted with good residents who have been there a long time. Fully fenced and secure lot with multiple buildings, a three bedroom managers accommodation onsite including secure off street parking. Easy to manage and profitable with room to expand if desired. Accommodation business has listings on popular websites.
PROPERTY DETAILS
RPD: Lot 11 RP: 748875
Total Land Area: 3056m2
Dimensions: Frontage to Grafton Street - 60 meters and Minnie Street - 50 Metres
Title Encumbrances: Nil. There are no easements on the property.
Zone: Medium Density Residential
TENANCY: There are currently casual but long term tenants in place.
DEVELOPMENT OPPORTUNITY: This site is ideal for high density strata titled residential development subject to council approvals and design.
IMPROVEMENTS (refer to floor plan for circled building numbers):
Building 1 is a high-set timber dwelling, which comprises an office, lounge area, baggage room to the ground level with three rooms, kitchen, lounge/dining room, bathroom and separate toilet to the upper level. This is currently the ownerâs residence.
Building 2 comprises to the ground level various rooms, male and female amenities and a large communal kitchen with upper level comprising a mixture of accommodation and male and female amenities.
Building 3 is a two storey building to its frontage and a single level to its rear with a walkway between the two. The front building comprises three accommodation units to the ground level including a self contained flat with bathroom facilities with five rooms to the upper level. The rear portion of the building comprises two ground level rooms.
Building 4 to the upper level comprises four large rooms with communal kitchen and bathroom and separate toilet facilities. The ground level comprises separate male and female amenities, communal laundry facilities and one accommodation room.
Building 5 fronting Minnie Street is a highset two bedroom managerâs residence with enclosed front and side verandas providing two single rooms. Underneath the dwelling are two additional rooms and laundry.
Garden Amenities
Four WCs, three showers, two hand basins and ceramic floor tiles to the female amenities
Two WCs, two showers and two hand basins and ceramic floor tiles to the male amenities
Ground Improvements
⢠In round concrete swimming pool to Grafton Street frontage
⢠Covered dining area off main communal kitchen
⢠Large covered entertainment area to Minnie Street frontage
⢠Open car parking facilities
⢠Boundary fencing and basic landscaped lawns and gardens
⢠Clothes drying area
⢠A workshop and three storage rooms
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.Commerial For SaleHotel/leisureland/developmentotherAdelaide SA 5000
BARGAIN BUY! â LOCATED IN MAJOR SHOPPING CENTREContact Agent
More than 1 month ago
Adelaide
,
SA
New
Lismore NSW 2480
Successful Wood Fired Pizza Shop - Easy to Run - Limited Hours - Good ProfitsContact Agent
More than 1 month ago
Lismore
,
NSW
New
Eatons Hill QLD 4037
Profitable cafe/ restaurant only the 2nd time in 16 years listed for sale.$699,000.00
More than 1 month ago
Eatons Hill
,
QLD
New
YOU MAY ALSO LIKE
16 9-11 Colgan St Cobram VIC 3644
Contact Agent
FREEHOLD PROPERTY & BUSINESS - COBRAM TYREPOWERContact Agent
2 days ago
Cobram
,
VIC
7 25 Quail St St Helens TAS 7216
OFFERS OVER $39,000+SAV
St Helens No 1 Woodfired Pizza Low Rent Long Lease Operating Only 20Hrs Weekly O/O $39,990+savContact Agent
2 days ago
St Helens
,
TAS
11 111 Brisbane St Launceston TAS 7250
OFFERS OVER $120,000+SAV
Prime Location Netting >$100k Est 30+Years 1 Working Owner Highly Sought After What's New LauncestonContact Agent
2 days ago
Launceston
,
TAS
9 Lots 9 & 1 Industrial Avenue SURAT QLD 4417
$250,000 + GST
Lots 9 & 10 Industrial Avenue, SuratFor Sale
6 days ago
SURAT
,
QLD
10 29 Scott Street MELTON VIC 3337
FOR SALE BY EXPRESSIONS OF INTEREST
UNIQUE INVESTMENT OPPORTUNITYSale by Neg
1 week ago
MELTON
,
VIC
26 62-76 Mary Street Gympie QLD 4570
Expressions Of Interest
Investment Opportunity with Character & CharmExpres of Interest
1 week ago
Gympie
,
QLD
15 78-80 Mary Street Gympie QLD 4570
Expressions Of Interest
Investment Opportunity on MaryExpres of Interest
1 week ago
Gympie
,
QLD
17 8 Failford Road DARAWANK NSW 2428
$1,950,000
UNIQUE COMMERCIAL/RESIDENTIAL OPPORTUNITYFor Sale
1 week ago
DARAWANK
,
NSW
SPONSORED LINKS