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  • Sold
Bite-Sized Tenanted Investment - #1
Bite-Sized Tenanted Investment - #2
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Colliers International (Cairns) Pty Ltd is pleased to offer for sale this bite sized tenanted retail investment, located at 32 Macrossan Street, in Port Douglas, QLD.

The Port Douglas region is generally referred to the gateway to two World Heritage areas; the Great Barrier Reef and the tropical Daintree Rainforest, and being a popular destination for domestic and international travellers, has a significant tourism industry currently enjoying the benefits of a lower Australian Dollar.

Strategically located in the heart of the Port Douglas commercial shopping precinct, this property represents an opportunity to secure a versatile and well positioned commercial property, underpinned by income derived from the new four year lease to the established local retailer ‘Coffee Works’ whose parent company produce a wide selection of locally coffees, chocolates, gourmet hampers gifts and accessories from their Mareeba facility.

Offering an attractive alternative to residential investment, this introduction to commercial property benefits from an established tenant, solid returns, a new long lease and the security of a strategic CBD location – a great way to enter the market for the budding investor.

Highlights:

• High profile main street position
• New four year Lease
• Net income of $25,500* + GST
• Established tenant ‘Coffee Works’.

The property is offered for Sale by Public Auction, held at the QT Port Douglas Hotel on Thursday, 24th of September 2015 at 11am – unless sold prior.

For further information, or to arrange for an inspection, please contact the agent.

*approximate only.

** This property is being sold by auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Ref #: 16373
  • 24/10/2015
  • Contact our experts for details on this transaction