Now back on the market and ready for sale, this outstanding fully operational storage facility is a must for discerning owner/operators and investors. Situated in the prime location of Aeroglen, next to Cairns International Airport and only 5 kilometres* from Cairns CBD. The site is regularly shaped having a 46.8 metre frontage to Greenbank Road and depth of 65.3 metres.
The sale incorporates a fully operational storage facility including a high-set Queenslander home/on-site office. The storage facility has been operated as a family run business for many decades with low overheads and whilst current storage charges are achieving a medium return there is excellent scope for improvement.
Located on Greenbank Road, amongst some of Cairns' largest Industrial/Commercial businesses, the site itself also provides scope for future development (stca).
Contact Exclusive Agent Helen Crossley today for more information
*approximately
The size of Aeroglen is approximately 9.9 square kilometres. It has 2 parks covering nearly 2.8% of total area. The population of Aeroglen in 2011 was 404 people. By 2016 the population was 408 showing a population growth of 1.0% in the area during that time. The predominant age group in Aeroglen is 50-59 years. Households in Aeroglen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aeroglen work in a professional occupation. In 2011, 70.5% of the homes in Aeroglen were owner-occupied compared with 71.9% in 2016.
Aeroglen has 234 properties. Over the last 5 years, Houses in Aeroglen have seen a 54.57% increase in median value. As at 31 July 2024:
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