Colliers International (Cairns) Pty Ltd is pleased to offer for sale this bite sized tenanted retail investment, located at 32 Macrossan Street, in Port Douglas, QLD.
The Port Douglas region is generally referred to the gateway to two World Heritage areas; the Great Barrier Reef and the tropical Daintree Rainforest, and being a popular destination for domestic and international travellers, has a significant tourism industry currently enjoying the benefits of a lower Australian Dollar.
Strategically located in the heart of the Port Douglas commercial shopping precinct, this property represents an opportunity to secure a versatile and well positioned commercial property, underpinned by income derived from the new four year lease to an established local retailer.
Offering an attractive alternative to residential investment, this introduction to commercial property benefits from the existing tenant, solid returns, and the security of a strategic CBD location – a great way to enter the market for the budding investor.
Highlights:
• High profile main street position
• Net income of $26,000* ex GST
• Versatile property to suit a range of future uses
For further information, or to arrange for an inspection, please contact the agent.
*approximate only.