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Freehold Commercial - Port Douglas

24 Macrossan Street, PORT DOUGLAS QLD, 4877

For Sale & Lease

Property for Sale & Lease in 24 Macrossan Street, PORT DOUGLAS QLD, 4877

Listing ID:
11242861
Status:
Active
For:
Sale & Lease
Price:
Offers over $2,300,000
Last Updated:
09/09/2019
Icon building

Property Type

Retail/Offices/Other
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Land Area

1012 SQM
Icon size

Floor Area

386 SQM
Icon parking

Parking

8

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.

For more details, please email agent

Raine & Horne Mossman & Port Douglas

37 Front Street, Mossman, QLD 4873


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