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PRIME RETAIL FREEHOLD PROPERTY 65 ABBOTT STREET CAIRNS CBD, QLD 4870 FOR SALE BY EXPRESSION OF INTEREST Cairns Properties VACANT POSSESSION 65 ABBOTT STREET

Transcript of PRIME RETAIL FREEHOLD PROPERTY

PRIME RETAIL FREEHOLD PROPERTY65 ABBOTT STREET CAIRNS CBD, QLD 4870

FOR SALE BY EXPRESSION OF INTEREST

Cairns Properties

VACANT POSSESSION

65 ABBOTT STREET

CONTACT US

TABLE OF CONTENTS

04 PROPERTY DETAILS

06 THE LOCALITY

07 TOURISM

08 SEARCHES

14 PLANS

15 DISCLAIMER

16 EXPRESSION OF INTEREST FORM

65 ABBOTT STREET CAIRNS CBDThis property is for sale by Expression of InterestClosing Wednesday 9th November 2016 at 5pm Offers should be lodged on the attached form.

ROB MACFARLANESenior Sales & Leasing0409 636 94307 4051 [email protected]

First Floor, Village Lane20 Lake StreetCairns Qld 4870

PO Box 1101Cairns Qld 4870

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CAIRNS ESPLANADE LAGOON

CAIRNS ESPLANADE

ABBOTT STREET

SHIELDS STREET

CAIRNS CONVENTION CENTRE CAIRNS CENTRAL SHOPPING CENTRE

65 ABBOTT STREET

WOOLWORTHS

CAIRNS SQUARE

REEF FLEET TERMINAL MANTRA TRILOGY

CITY LIBRARY

CITY PLACE

THE PIER CAIRNS

THE REEF HOTEL CASINO

CRUISE SHIP TERMINAL

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PROPERTY DETAILSADDRESS 65 Abbott Street, Cairns CBD

RPD Lot 2 on RP 715272 County of Nares Parish of Cairns CTR 20577084

LAND AREA 254sqm* 4.4sqm* frontage to Abbott Street

UNIMPROVED LAND VALUE $330,000 as at 30th June 2016

ZONING City Centre

ENCUMBRANCE Easement number 602388461 burdening the land Easement number 602388462 benefiting the land Easement number 709744457 benefiting the land Easement number 709744472 benefiting the land Reciprocal benefit/burden easement for the adjoining wall at 67 Abbott Street and benefit rear access easement

BUILDING AREA 189sqm* approximately, single level consisting of 177sqm* of building fronting Abbott Street and 12sqm* separate amenities at the rear of the block.

LOCATION The property is situated close to the prime retail corner of Abbott and Spence Street which is in the centre of the tourist/retail precinct. Opposite DFS Galleria and Louis Vuitton as well as being diagonally opposite Cairns Reef Casino and also amongst Hotels and Restaurants.

CONSTRUCTION 65 Abbott Street is a single level retail building with a full glass frontage block construction and iron roof. The main buildingAND INTERNAL FINISHES is air-conditioned and is open plan with two storerooms at the rear plus a kitchen staff room. Rear access to the free standing

male and female amenities block as well as laneway access to Lake Street. The flooring to the main shop area is polished concrete with plastered walls and ceiling both painted white. Ceiling height approximately 3.2sqm*.

The property is being sold with vacant possession.

OUTGOINGS Council Rates $6,514.06

Insurance $1,882.45

Stamp Duty $131.33

Land Tax $4,347.58

Total Outgoings $12,875.42 P.A.

* Approx

P R O P E R T Y D E T A I L S

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LOCATION

65 ABBOTT STREET

L O C A T I O N

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TOURISM CAIRNS AIRPORT PASSENGER NUMBERS

T O U R I S M

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S E A R C H E S

SEARCHES

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P L A N SS E A R C H E S

SEARCHES

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S E A R C H E S

SEARCHES

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P L A N SS E A R C H E S

SEARCHES

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P L A N SS E A R C H E S

SEARCHES

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S E A R C H E S

SEARCHES

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P L A N S

PLANS

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DISCLAIMERThis investment report has been prepared by CBRE (C) Pty Ltd (ABN 64 003 205 552). This document does not constitute an offer or contract of sale or any part of an offer or contract of sale. It is intended only as a guide and an aid to further investigation by potential investors. Potential investors accept this advice in order to verify the accuracy of the information presented in this document. The content of this document has been derived, in part, from sources other than CBRE and may be based on assumptions. In passing this information on, CBRE does not warrant that such information or assumptions are accurate or correct.

To the extent that this document includes any statement as to a future matter, that statement is provided as an estimate and/or opinion based upon the information known to CBRE at the date of preparing this document and assumptions which may be incorrect. CBRE does not warrant that such statements are or will be accurate or correct.

CBRE provides this document on the condition that, subject to any statutory limitation on its ability to do so, CBRE disclaims liability under any cause of action including negligence for any loss arising from reliance upon this document.

This confidential document is for the sale use of persons directly provided with it by CBRE and is not to be resupplied to any other person without the prior written consent of CBRE. Use by, or reliance upon this document by any other person is not authorised by CBRE and without limitation to the above disclaimers, CBRE is not liable for any loss arising from such unauthorised use or reliance.

GST DISCLAIMER

CBRE (C) Pty Ltd advises that the financial information in this report, relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchases should make their own assessment of the impact of GST on the investments and the returns derived therefrom after obtaining expert professional advice.

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E X P R E S S I O N O F I N T E R E S T F O R M

EXPRESSION OF INTEREST FORM65 ABBOTT STREET, CAIRNS CBD

Please complete all applicable details and return by 5:00pm on Wednesday, 9th November 2016.

To: CBRE Cairns 1st Floor, Village Lane, 20 Lake Street, Cairns Qld 4870 Tel: (07) 4051 8922 Fax: (07) 4052 1580 Email: [email protected]

THIS OFFER IS SUBMITTED BY:

Name: ______________________________________________________________________________________________________________________________________

Address: _____________________________________________________________________________________________________________________________________

Telephone: ___________________________________________________________Fax: ___________________________________________________________________

Contact Name: _______________________________________________________________________________________________________________________________

We hereby express our interest in purchasing the Vendor’s freehold interest in the property described as: 65 Abbott Street, Cairns CBD

DETAILS OF OUR PROPOSAL ARE AS FOLLOWS:

PURCHASE PRICE PROPOSED: __________________________________________________________________________________________________________________

DEPOSIT PROPOSED: __________________________________________________________________________________________________________________________

DATE FOR COMPLETION: ______________________________________________________________________________________________________________________

SUBJECT TO FINANCE: ________________________________________________________________________________________________________________________

CONDITIONS OF PURCHASE REQUIRED:

Please detail any other proposed conditions on a separate signed and attached page.

_____________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________________________

______________________________________________________________________

______________________________________________________________________

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EXPRESSION OF INTEREST FORM (CONTINUED)

IF A COMPANY:

Name of Responsible Director: _____________________________________________________________________________________________________________

ACN: __________________________________________________________________________________________________________________________________

Address: _______________________________________________________________________________________________________________________________

Australian / Foreign Corporation (delete that not applicable)

PROSPECTIVE PURCHASER’S SOLICITORS DETAILS:

Name: _________________________________________________________________________________________________________________________________

Address: _______________________________________________________________________________________________________________________________

Telephone: _________________________________________________________ Fax: _______________________________________________________________

Contact Name: _________________________________________________________________________________________________________________________

I / We understand that you will contact me / us to discuss this proposal and that no agreement to purchase will be binding on either the Vendor of Purchaser until documented by way of formal executed contract and signed by the party to be bound.

DATED:

SIGNED:

If an individual or individuals:

Signed: _____________________________________________________________

Name(s): ___________________________________________________________

Witness: ____________________________________________________________

IF A COMPANY:

Director: _________________________________________________________

Director / Secretary: _______________________________________________

E X P R E S S I O N O F I N T E R E S T F O R M

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