Not often will you find 2 centrally located shops showing strong returns in the tightly held retail property market of Port Douglas.

Access to these shops is via Macrossan St and Wharf St positioning them perfectly to take advantage of the areas considerable foot traffic. Macrossan Street has earned the reputation as the place to shop in North Queensland showcasing an eclectic blend of boutiques. The Marina Mirage complex is a short stroll away, the iconic Courthouse hotel is adjacent and Anzac Park (the site of the famous Sunday markets) is across the road.

Shop 5: 78 m2 currently vacant
Shop 6: 95 m2 long term lease in place to Rivers (Australia) Pty Ltd

As an investment, the properties features include:

– A total of 173m2 on 2 titles
– Strategically located in significant retail centre
– Shop 6 currently leased to Rivers (5 + 5 + 5 years)
– Well presented spacious shops
– Annual rental increases
– Significant potential depreciation benefits
– Opportunity to secure a quality investment with an attractive yield
– Impressive total potential rental income of $100,000 pa.

Don’t hesitate to contact us to take advantage of this opportunity