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3-4/48 Macrossan Street
Port Douglas QLD 4877
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Sold on 4 Nov 2016

3-4/48 Macrossan Street Port Douglas QLD 4877

  • Shop & Retail
  • 174 m²
  • Sold, $1,440,000

RARE PRIME MACROSSAN ST SHOPS FOR SALE 7% NET RETURNS

Get your super fund ready for this one! As the vendors have committed to selling and have priced the property to sell with a great return of 7.2% net on a new 10 year lease. Traditionally bricks and mortar are considered a safe investment, and this is no exception with 178 sqm of floor space. The property consists of 2 commercial shops containing the successful Wicked Store, which has successfully traded from the same premises now for nearly 15 years and is a proven performer through the years. This is a great rare opportunity to purchase commercial premises in a prime position. The shops are located on the ground floor of the Laxmi Building, a corner location in the heart of the Port Douglas business centre on Macrossan Street. The shops have amazing street frontage on a busy thoroughfare near the post office and tourist information centres so are visible to local and tourist customers. To enquire further contact Mark Flinn on 0405 646 313.

Property Highlights

Date Sold4 Nov 2016
Sold Price$1,440,000
Floor AreaAsk Agent
Land Area174 m²
ParkingAsk Agent
Property ID2012073683
Category
Last updated  11 Nov 2016
Map for 3-4/48 Macrossan Street Port Douglas QLD 4877

Property Highlights

Date Sold4 Nov 2016
Sold Price$1,440,000
Floor AreaAsk Agent
Land Area174 m²
ParkingAsk Agent
Property ID2012073683
Category
Last updated  11 Nov 2016
366 Port Douglas Road Port Douglas QLD 4877
Property Shop Port Douglas & Mossman
Property Shop Port Douglas & Mossman

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