7/48 Macrossan Street PORT DOUGLAS QLD 4877
$400,000 JUST REDUCED

DESCRIPTION

PRICE JUST REDUCED. Motivated vendor.

This large modern property is currently used as office space for a well established local business on a long term lease. This is a fabulous opportunity to purchase a commercial property in Port Douglas with a great rental return.

A Solid 5.75% return on this investment, and estimated 6.41% return after the upcoming lease market review (based on 10% increase).

* Sensibly priced
* Shop area 106sqm with 3 designated car spaces
* Super location - adjacent to Port Douglas Post Office there is ample daily foot traffic
* Safe return on investment of 5.75% with market review at end of first term
* Long term lease agreement in place
* Landlord pays outgoings

Now is the time to buy tenanted commercial property in Port Douglas. Please contact Property Shop agent Kurt Freitas Reveal Phone or Send Message