Commercial Property - Net Return 7.40%

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Price: $760,000

This commercial property is showing a net return of 7.40%.

Commercial property on Macrossan Street rarely comes up for sale. Tightly held on to Commercial property in Macrossan Street is regarded as one of the best investment opportunities in Port Douglas. This retail store/commercial premises is Shop 6 No 1 Macrossan Street, positioned in the famous Courthouse Hotel.

This prime commercial real estate site is 95 m2 and is currently leased to Rivers (Australia) Pty Ltd. The Lease Details 5 year term commencing 7th September 2003. Options Two x 5 year terms (until 2018) Rent reviews 3 % annually and to market at options.

Additional Features:

Air Conditioners Car Park Kitchenette

For full details and figures contact Century 21 Port Douglas Real Estate on 07 4099 4099.

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