Located in Portsmith Cairns, adjacent to Cairns Central. 120 Bunda Street is a modern commercial office building, occupied by Commonwealth and State Government offices and other high-grade tenants.
We acquired our building in June 2010 as a new modern commercial office building and we have not only maintained the standard, we have upgraded essential building services equipment.
A new coffee shop is being constructed on the ground floor. Velvet Coffee is our way of offering high quality service and coffee to our tenants and locals in Bunda Street.
Building Type: Commercial Office building
Site Area (hectares): 5120.0 sqm
Ownership: Mineral Resources Lihir Pty Ltd
Ownership %: 100%
Metro Area: Cairns
Zoning: Cairns Regional
Acquisition date: 29/06/2013
Book value (AU): $15m