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1 Coondoo Street
Kuranda QLD 4881
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Sold on 28 Nov 2019

1 Coondoo Street Kuranda QLD 4881

  • Shop & Retail
  • 1,556 m²
  • Sold

WITHOUT DOUBT THE BEST PERFECTLY POSITIONED PROPERTY IN THE TOURIST "MUST SEE" VILLAGE OF KURANDA

  • FIRST TIME OFFERED IN 30 YEARS
  • BETTER THAN 10% RETURN
  • ABSOLUTE PRIME CORNER POSITION

ADDRESS: 1-3 Coondoo Street Corner of Therwine Street, Kuranda, North Queensland 4881

LAND AREA: 2,023m²

FRONTAGE Coondoo Street - 40m, Therwine Street - 50m

RPD There are 24 titles:
Lots 1-6 on BUP70355
Lots 5-11 on BUP70355
Lots 14-27 on BUP103572

LOCAL AUTHORITY Mareeba Shire Council

ZONE Business

IMPROVEMENTS:
The site is sloped away from the street front to the lower extremities at the rear of the property. Constructed on-site is a 2-level retail/commercial building fully developed over 100% of the site. The retai larea is at street level with the flats and car park in the lower semi-basement level which is open fully on 2 sides for extensive natural light and ventilation

There are:
- 11 street front shops on the exterior
- 12 internal shops
- 7 market stalls in the central courtyard
- 30 tenancies in total
- 8 x 1-bedroom flats in the semi-basement along with 35
car parks
- Some of the individual 24 titles have more than one tenant
- The total Net Lettable Area is 1,556m²*
*approx

The complex is built as a large square area with a common covered central area for market stalls.

CONSTRUCTION:
- Re-enforced concrete slabs to all levels
- Concrete masonry block & weatherboard walls to exterior
- Colourbond roof. Most shops have open rake ceilings
- 2 sets of stairs link the retail street area with the lower level
car park and flats
- Open/roller shutters shop fronts
- 2 sets of tenancy toilets. Public toilets directly across the road
in the Town Square
- Each shop has separately metered power
- Some air-conditioners supplied
- Wi-Fi/security cameras/ATM on site
- Trading each day between 9am 4pm
- Council car park at the rear

Supporting Documents

Supporting Document 1

Property Highlights

Date Sold28 Nov 2019
Floor Area1,556 m²
Land Area2,000 m²
ParkingAsk Agent
Property ID2015538485
Category
Last updated  28 Nov 2019
Map for 1 Coondoo Street Kuranda QLD 4881

Property Highlights

Date Sold28 Nov 2019
Floor Area1,556 m²
Land Area2,000 m²
ParkingAsk Agent
Property ID2015538485
Category
Last updated  28 Nov 2019

Listed by

Danny Betros
Danny Betros
CBRE Pty Ltd
Call
0418 772 049

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