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Sold on 23 Jan 2019

36 Macrossan Street Port Douglas QLD 4877

  • Retail
  • 446 m²
  • Sold, $2,465,000

FREEHOLD COMMERCIAL PREMISES IN TOWN CENTRE

This 1012 sqm, freehold commercial site is prime real estate with street frontage, centrally located in the heart of Port Douglas on Macrossan Street. The building is a two story dwelling consisting of 216 sqm retail premises downstairs and 230 sqm accommodation premises upstairs. Street access to rear car parking plus a small out building. Mature trees and shrubs line rear boundary.
Freehold properties are rare commodities in Macrossan St. and this property will attract attention. Many will consider it as an ideal medium term investment with reliable rental income & capitol gain potential. In addition,freehold tenure allows a number of options to be considered in the future without the complications of Strata Title Ownership.
The premises currently contains two tenants. Downstairs the retail shop lease is in place until 2020 with two 5 year options. The tenant is a long term retailer in Port Douglas and an excellent trader. Upstairs a well established budget Accommodation house operates on a two year lease plus options.
Contact Mark Flinn 0405 646 313

Property Highlights

Property ID2012973090
Date Sold23 Jan 2019
Sold Price$2,465,000
Floor Area446 m²
Land Area1,012 m²
ParkingAsk Agent
Category
Last updated  21 Jan 2019
Map for 36 Macrossan Street Port Douglas QLD 4877
Ray White Port Douglas & Mossman
1/48 Macrossan St Port Douglas QLD 4877

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