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  • For sale
Cooktown Investment Opportunity with Development Potential - #1
Cooktown Investment Opportunity with Development Potential - #2
Cooktown Investment Opportunity with Development Potential - #3
Cooktown Investment Opportunity with Development Potential - #4
Cooktown Investment Opportunity with Development Potential - #5
Cooktown Investment Opportunity with Development Potential - #6
Cooktown Investment Opportunity with Development Potential - #7
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Cooktown Investment Opportunity with Development Potential - #9
Cooktown Investment Opportunity with Development Potential - #10
Cooktown Investment Opportunity with Development Potential - #11

For Sale

$595,000 AUD

Colliers Cairns is pleased to present to the market the commercial property known as Driftwood Cafe located at 160 Charlotte Street, Cooktown QLD 4895.

Currently home to the iconic tenanted "Driftwood Cafe," the property comprises a substantial 1,012m2* land area with the cafe and parking facilities positioned towards the front of the allotment. The balance land is vacant, providing for additional development ideally suited to residential accommodation for which Cooktown is in current need. The property enjoys parkland and water views as well as cooling breezes.

With stunning views towards the mouth of the Endeavour River, The Driftwood Cafe site is centrally positioned on the main thoroughfare of Cooktown. The strategic positioning provides access to the towns centre, Marina, and the recently refurbished Webber Esplanade precinct.
The quaint cafe itself has been designed and built in keeping with the surrounding streetscape while being fully operational. The existing business currently provides breakfast and lunchtime service only and trades 7 days. The cafe comprises a functional commercial grade kitchen area, front of house service area, with indoor and balcony dining as well as a paved outdoor garden courtyard area, bathroom amenities and onsite parking.

The tenancy provides income of $31,200 per annum and is currently on a month to month basis pending sale, providing opportunity to develop the balance site, extend the lease or pursue other options.

Features:
-Iconic destination building
-Substantial land area of 1,012m2*
-Prime main street and waterfront location
-Established Iconic business reputation
-Current tenancy in place providing holding income
-Options to develop or operate the site
-Potential for mixed residential use, subject to council approval

The historic township of Cooktown is positioned approximately 320km north of the Cairns CBD. Overlooking the pristine waters of the Great Barrier Reef, the town provides a central hub and essential amenities for the surrounding remote regions of the Cape York Peninsula.

160 Charlotte Street, Cooktown is being offered to the market for sale at the listed price of $595,000 + GST with vacant possession.

For more information, contact Stacey Quaid on 0418 773 258.

*approximately

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.


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