24 Macrossan Street Port Douglas QLD 4877

Located in the very heart of Port Douglas's main Street. Originally the renowned Mango Jam restaurant with potential to seat over 100 customers, ample parking at the rear, large kitchen and room to expand, fully air-conditioned, outdoor dining options and high traffic & pedestrian exposure. The building can easily be subdivided into 3 shops with current rents at $550m2 - $570m2.
Other options include redeveloping the site to take full advantage of the commercial zoning.
Information memorandum available.
Fully Leased Basis:
300.29m² at $550m² =$165,159.50
86.13m² at $250m² = $21,532.50
Total = $186,692 per annum
Individual Shops:
Please note: A potentially greater rental return may be obtained by dividing the building into 3 smaller shops.