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Captain Cook Highway
Port Douglas QLD 4877
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Sold on 7 Jun 2018

Captain Cook Highway Port Douglas QLD 4877

  • Shop & Retail
  • 1.49 ha
  • Sold

High Profile IGA Anchored Shopping Centre. Current DA Approval for Expansion.

- Direct highway frontage in prime corner position with Cornetts Supa IGA supermarket, a pharmacy, liquor store and coffee kiosk
- Approx. 86% of income derived from ASX listed Metcash
- Cornetts is QLD’s leading independent supermarket operator with 32 stores statewide.
- Supermarket leased to 2020 with one remaining five year option.
- Substantial 1.49 hectare site with additional land for future expansion
- Current approval to expand supermarket plus additional retail specialties
- Potential to add drive-thru fast food or fuel outlet (STCA)
- Port Douglas is a tourism hotspot with 10 international airlines with direct flights daily to Cairns
- Gateway to the northern Barrier Reef and major international world heritage listed attractions
- Net Income: $473,485 pa + GST.

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne

Property Highlights

Date Sold7 Jun 2018
Floor AreaAsk Agent
Land Area1.49 ha
ParkingAsk Agent
Property ID2014002626
Category
Last updated  7 Jun 2018
Map for Captain Cook Highway Port Douglas QLD 4877

Property Highlights

Date Sold7 Jun 2018
Floor AreaAsk Agent
Land Area1.49 ha
ParkingAsk Agent
Property ID2014002626
Category
Last updated  7 Jun 2018

Listed by

Pat Kelly
Pat Kelly
Kelly & Co Property Pty Ltd
Call
0412244456

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