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7/18-20 Wharf Street,
Port Douglas 4877, Queensland
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UNBEATABLE COMMERCIAL LOCATION AND INVESTMENT
This rare opportunity to purchase commercial premises located directly across from the iconic St Mary's church and Sugar Wharf nestled in a high vehicle and foot traffic location, surrounded by Port Douglas's most renowned dining precinct including the world famous Court House hotel, local boutiques, and holiday apartments.
The commercial property has been split into 2 commercial shops, with shop 2 being the larger at 104 sqm internally plus a grand 60sqm undercover outdoor dining area facing Wharf Street with Dickson inlet views. Currently under a newly signed 10 year lease with experienced restaurant operators at $75,000 per year. Shop 1 is 42 sqm internally plus a 12.5 sqm alfresco all day dining or retail area. This space has just been offered to the market for rent at $40,000 per year and is a blank canvas for the right tenants in a prime position. Once this is leased it will combine to offer a $115,000 return which is a 7% plus net return on investment.
The truly unbeatable location as well as its existing income revenue from the leased restaurant space are true highlights, this is one not to be missed.
Contact Mark Flinn 0405 646 313 to arrange an inspection or for more information.
At a glance:
• Unbeatable location
• 1 long term tenancy in place
• High traffic area
• Strong income revenue opportunity
• Shop 1 is 42 sqm and Shop 2 is 104 sqm
• Offers over $1,600,000 with a potential 7% plus return on investment
The commercial property has been split into 2 commercial shops, with shop 2 being the larger at 104 sqm internally plus a grand 60sqm undercover outdoor dining area facing Wharf Street with Dickson inlet views. Currently under a newly signed 10 year lease with experienced restaurant operators at $75,000 per year. Shop 1 is 42 sqm internally plus a 12.5 sqm alfresco all day dining or retail area. This space has just been offered to the market for rent at $40,000 per year and is a blank canvas for the right tenants in a prime position. Once this is leased it will combine to offer a $115,000 return which is a 7% plus net return on investment.
The truly unbeatable location as well as its existing income revenue from the leased restaurant space are true highlights, this is one not to be missed.
Contact Mark Flinn 0405 646 313 to arrange an inspection or for more information.
At a glance:
• Unbeatable location
• 1 long term tenancy in place
• High traffic area
• Strong income revenue opportunity
• Shop 1 is 42 sqm and Shop 2 is 104 sqm
• Offers over $1,600,000 with a potential 7% plus return on investment
Explore the area
School catchments
- Newman Catholic College - Port Douglas Campus Secondary Catholic 0.41km
- Port Douglas State School Primary Prep-6 Government 4.8km
- Mossman State High School Secondary 7-12 Government 9.6km
- Mossman State School Primary Prep-6 Government 9.7km
- St Augustine's School Primary Prep-6 Catholic 10.2km
- Miallo State School Primary Prep-6 Government 13.8km
- Wonga Beach State School Primary Prep-6 Government 16.4km
- Julatten State School Primary Prep-6 Government 19.0km
- Djarragun College - Girl Academy Campus Secondary Independent 22.6km
- Mount Molloy State School Primary Prep-6 Government 25.4km
- Daintree State School Primary Prep-6 Government 29.9km
- Alexandra Bay State School Primary Prep-6 Government 30.0km
- Cairns Hinterland Steiner School Combined Prep-8 Independent 39.0km
- Kuranda District State College Combined Prep-12 Government 39.6km
- Northern Beaches Catholic Primary School Primary Catholic 40.3km
- Trinity Anglican School - Marlin Coast Campus Primary Independent 41.5km
- Tropical North Learning Academy - Trinity Beach State School Primary Prep-6 Government 42.5km
- Holy Cross School Primary Prep-6 Catholic 44.2km
- Tropical North Learning Academy - Smithfield State High School Secondary 7-12 Government 44.4km
- Newman Catholic College Secondary 7-10 Catholic 44.8km
- Peace Lutheran College Combined Prep-12 Independent 50.6km
- Freshwater Christian College Combined Prep-12 Independent 52.8km
- St Andrew's Catholic College Redlynch Valley Combined Prep-12 Catholic 53.4km
- Redlynch State College Combined Prep-12 Government 53.7km
- Mareeba State High School Secondary 7-12 Government 57.5km
- Mooroobool Silver Lining School Secondary Independent 57.6km
- Cairns School of Distance Education Combined Prep-12 Government 58.0km
- FNQ Vocational Academy Secondary Government 58.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Mark Flinn
Mark Flinn
7/18-20 Wharf Street, Port Douglas QLD 4877
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Mark Flinn
7/18-20 Wharf Street, Port Douglas QLD 4877