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Sold on 6 Apr 2021

24 Macrossan Street Port Douglas QLD 4877

  • Shop & Retail
  • 386 m²
  • Sold, $2,000,000

Freehold Commercial - Port Douglas

    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.

    Address24 Macrossan Street Port Douglas QLD 4877
    ZoningNot provided
    CouncilDOUGLAS SHIRE
    We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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    David Cotton
    Raine & Horne Port Douglas Mossman
    David Cotton
    Raine & Horne Port Douglas Mossman

    Property Highlights

    Property ID2013609501
    Date Sold6 Apr 2021
    Sold Price$2,000,000
    Floor Area386 m²
    Land Area1,012 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Virtual TourView Tour
    Category
    Last updated  9 Apr 2021
    Map for 24 Macrossan Street Port Douglas QLD 4877
    Map for 24 Macrossan Street Port Douglas QLD 487724 Macrossan Street Port Douglas QLD 4877
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    • Purchase price

      $
      2,000,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    David Cotton
    Raine & Horne Port Douglas Mossman
    David Cotton
    Raine & Horne Port Douglas Mossman

    Property Highlights

    Property ID2013609501
    Date Sold6 Apr 2021
    Sold Price$2,000,000
    Floor Area386 m²
    Land Area1,012 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Virtual TourView Tour
    Category
    Last updated  9 Apr 2021
    Raine & Horne Port Douglas Mossman
    Shop 8 / 56 Macrossan Street, Port Douglas QLD 4877
    David Cotton
    Raine & Horne Port Douglas Mossman
    David Cotton
    Raine & Horne Port Douglas Mossman

    Ask David Cotton about this property

    David Cotton

    David Cotton

    Raine & Horne Port Douglas Mossman

    0417 *** ***
    0417 709 667

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