Offers Over $599,000

37 Stokes Street, Edmonton, QLD 4869

TENANTED INVESTMENT | FREEHOLD | OPEN HOME THURSDAY 12:00PM

Exceptional Commercial Investment with Development Potential | 1,508m² Allotment

Proudly brought to the market by The Murphy Team, this expansive freehold commercial property at 37 Stokes Street, Edmonton presents a rare investment opportunity with substantial growth potential. Spanning a 1,508m² allotment, the property offers 447m² under roof and is currently tenanted by a long-standing, successful swim school that incorporates health and fitness classes.

There is significant upside to this investment, with an additional split tenancy option available at the rear of the property. This space includes a 171.6m² covered court previously used for mixed martial arts, and a 105m² storage area/workshop.

Property Breakdown:
- 447m² under roof
- 17 on-site car parks with ample curbside parking
- Prime location on a major service route with strong vehicular exposure
- Well-appointed male and female amenities servicing both the pool and gymnasium
- 105m² storage area/workshop
- 171.6m² covered court
- Two separate long-standing tenancies, one of which is for the Swim School and one for the gymnasium
- Close proximity to major shopping facilities and key highways/service routes

Located in the heart of the southern corridor, which is experiencing rapid growth and development in the Cairns region, this property offers a prime opportunity for astute investors looking to capitalize on its central location and potential for further development.

Contact David Murphy today to receive a full information memorandum today!