Positioned in a prominent Main Street location in the heart of Mareeba, 125 Byrnes Street presents an outstanding opportunity to secure a substantial commercial property with a long-standing established business in place.
Set on a 506m² site with an impressive 10-metre-wide frontage to Byrnes Street, the property enjoys excellent exposure and a strong street presence within the Mareeba CBD.
The property is currently leased to a long-standing established business, providing an existing income stream for the incoming investor. The current lease agreement is secured through to March 2027, with rental income of $54,359.80 per annum including GST.
The approximately 300m² air-conditioned building provides a substantial commercial footprint, making this a significant holding in Mareeba’s key centre.
PROPERTY HIGHLIGHTS
– 506m² site area
– Approx. 300m² building size
– 10-metre-wide frontage to Byrnes Street
– Prominent Main Street / Mareeba CBD location
– Excellent street exposure and visibility
– Long-standing established business in place
– Existing lease agreement secured until March 2027
– Current rental income of $54,359.80 per annum including GST
– Air-conditioned building
– Substantial commercial holding in the heart of Mareeba
– Rates / outgoings: approximately $3,744.24
– Established investment with an existing rental income stream
This property offers the opportunity to acquire a high-profile commercial asset with an established tenant and substantial rental income already in place.
The combination of a prominent Main Street position, wide frontage, substantial site area and established tenancy makes 125 Byrnes Street a noteworthy commercial holding within Mareeba.
Properties of this size and prominence are rarely fully appreciated from photographs alone. An inspection of 125 Byrnes Street is essential to appreciate the scale, layout and features of the building, as well as its outstanding Main Street position and street presence.
To find out more or arrange a Private Inspection contact EXCLUSIVE Agent Vince Costas on 0419 926 691. Put this property on your inspection list today and give Vince a call!
