Unrivalled Opportunity To Secure A Unique Property – 3 Offices Downstairs Plus 3 Bedrooms Upstairs – With Development Potential !
Set on a 607 m2 Low-Medium Residential Density block 146 Martyn Street is perfect for the professional investor, developer, astute first home buyer or business owner wanting to run their business from a prime location.
There is a lease in place till 9 January 2027 with a tenant paying $4,330 per month ( $999.23 per week ) . Legal height is in place downstairs for the 3 offices ,2 toilets and kitchen layout.
Upstairs is a step back in time highlighting the character of this 1940’s Queenslander. 3 bedrooms with modernised bathroom and separate toilet. The rear covered upstairs patio is the perfect spot to sit back and relax and entertain family and friends.
The property has excellent side access in place ( over 4 meters ) with room at the rear to do a further development ( subject to Cairns Regional Council approval ) . It should be noted that properties in the area of similar size blocks have done 2 lot developments with strata titling in place !
At the rear of the property io a 7 m by 7 m shed with a smaller shed adjoining.
Pre-sale building and pest inspection reports are available for serious buyers.
Close proximity to the CBD 146 Martyn Street has options galore ! One been at the end of the lease turn the downstairs offices into bedrooms ( subject to Cairns Regional Council approval ) and thereby maximise the income potential of this unique property !
One not to miss !
assignmentLooking for more information on 146 Martyn Street?
Explore comparables, sales history and growth for this property.
