38 Main Street Proserpine QLD 4800

Located in the main commercial hub of Proserpine, this solid investment opportunity is being offered for sale for the first time. Due to their age, the sellers have decided it's now time to finally divest from what has been an excellent investment over decades.

Apart from occupying a prime position at the busy end of Main Street, this commercial Shopping Arcade enjoys a very large carpark to the rear of the premise to ensure its valuable customers can easily visit the commercial tenancies.
Proserpine has a revitalized commercial precinct with new council offices & entertainment centre. Both are located a short stroll away.

Solid income of $132,000 gross return and net return of 8%
The Arcade offers Multiple tenancies (7 tenants) with established leases in place
Growing Region with 1.6% population growth (one of QLD's highest growth
areas)
Current Whitsunday Shire has a population of 37,000 expected to grow to
50,000 by 2036 according to Council data
More national companies and larger businesses relocating to the area or
expanding due to the region's growth