Retail

Colliers Cairns are pleased to offer for sale the fully leased freestanding commercial building located at 14 Grant Street, Port Douglas, QLD.

Long famed for its star attractions and playing host to a mix of dignitaries, movie stars and reclusive moguls seeking a relaxed tropical hideaway, Port Douglas continues in popularity as a highly sought-after destination for lifestyle residence and holiday makers - even during these trying times.

Holding a prominent corner position at the intersection of Grant and Warner Streets, in the central business district, this two-storey commercial complex is configured to provide 6 retail tenancies across the ground floor and 2 offices across the upper level. Common areas for the building include a kitchenette, separate male and female change rooms with toilet suites, separate male and female amenities and a concrete sealed open-air car park with 11 marked bays, street front awnings and low maintenance landscaping

14 Grant Street is bounded by an array of thriving businesses including cafes, restaurants, tourism operators and retail outlets and is within metres of the iconic Port Douglas Marina and Rex Smeal Park.

This is an opportunity to acquire a prominent, versatile and modern fully occupied two-storey building with a combined passing income of just over $123,000pa + GST.

Features:

- Fully tenanted
- Passing Income just above $123,000 + GST
- Freestanding building on 918sqm freehold
- 500sqm* net leasable area across 8 tenancies
- Versatile, multipurpose building
- Zoned "Commercial Centre"

The property is for sale by auction to be held on Thursday 9 September at 11am online and at the office of Colliers Cairns, located at 35 Lake Street, Cairns. Bidding by phone and internet is available via prior registration, however arrangements must be made no later than 24 hours prior to auction to enable the prior approval of the seller...