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RETAIL SHOP FOR SALE -PRIME LOCATION ON MACROSSAN STREET

Shop 1, 34 Macrossan Street, PORT DOUGLAS QLD, 4877

For Sale

Property for Sale in Shop 1, 34 Macrossan Street, PORT DOUGLAS QLD, 4877

Listing ID:
11358997
Status:
Active
For:
Sale
Price:
$700,000
Last Updated:
11/11/2019
Icon building

Property Type

Retail
Icon square

Land Area

N/A
Icon size

Floor Area

116 SQM
Icon parking

Parking

2

RETAIL SHOP FOR SALE -PRIME LOCATION ON MACROSSAN STREET

Commercial opportunities like these don't come up often so don't miss this one. Seller says - Just get it sold!!

• 8.4% Net Return
• Established Tenant - pays all outgoings
• Lease expiring May 2021 + 5 year option
• 116m2 with 2 dedicated under cover car parks

Occupied by established and long-time recognised local trader Meraki & Co incorporating all things beauty into one location hair & beauty, gifts and homewares specialising in weddings; the property is now offered for sale with the existing lease maturing May 2021 with a further 5-year option remaining on the lease. The current passing income is $58,641.35 per net annum, with the tenant responsible for 100% of outgoings.

One of only 3 shops in this complex, positioned beneath the Le Cher Du Monde holiday apartments. Centrally located on the main street and shopping hub surrounded by excellent restaurants, clothing and gift boutiques, café's and more so there's lots of foot traffic.

For further information or to arrange an inspection please call Mark Flinn on 0405 646 313 mark.flinn@raywhite.com, Cindy Lam 0432 827 565 cindy.lam@raywhite.com

For more details, please email agent

Ray White Port Douglas

1, 48 Macrossan Street, Port Douglas, QLD 4877


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