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Freehold Commercial Premises in Town CentreProperty ID 1512137This 1012 sqm, freehold commercial site is prime real estate, centrally located in the heart of Port Douglas on Macrossan Street. The premises currently contains two tenants. Downstairs, the retail shop lease is in place until 2020, with two 5 year options. The tenant is a long term retailer in Port Douglas and an excellent trader. Upstairs, a well established Backpacker Accommodation lease is currently in place at 2 years with a further 2 year option. The net income return is $126,920.00 pa. There's access to car parking at the rear. Freehold properties are rare commodities in Macrossan St. and this property will attract immediate attention. Many will consider it as an ideal medium term investment with reliable rental income & capitol gain potential. Call now.