FIRST TIME ON THE MARKET IN OVER 50 YEARS - LANDMARK SITE

SOLD

198-202 SHERIDAN STREET

Cairns QLD 4870

Land

FOR SALE

• Approximate holding income in excess of $1,300.00 per week from six (6) apartments
• 1,440 square metres of land over two (2) titles
• Land bank now and redevelop in the future
• Prime site offering excellent exposure to Sheridan Street
• Tightly held location with capital gains assured
• Flexible use under new town plan guidelines

Knight Frank Cairns is regarded as a market leader locally. Knight Frank has the benefit of an Australian and worldwide network of high quality commercial agency, valuations, property management, research and consulting services. Knight Frank provides strategic advice, forecasting, consultancy, insight and independent expert advice, and has longevity in the local market for analysis and historical data. Knight Frank prides itself on their excellence of knowledge in commercial office, industrial, retail, hotel and leisure, development and englobo sites, project management and special uses such as age care, medical, vacant land and self-managed super funds etc.

Knight Frank Cairns are proven market leaders with a substantial track record in both selling and leasing a variety of commercial property through our comprehensive databases