Discover this premier commercial property and strong investment opportunity, near to the heart of a vibrant, growing community.
Leased Investment
Prominent Position
Solid Building
Positioned close to the local CBD alongside a busy street is this 578m2 lot improved with a sizable 280m2 concrete block building, and secured by a long standing, national optical company. Incoming buyers have the option to further increase revenue, by making use of the second site at the rear (currently used by the owner).
Investment Summary:
Rental: $56,889 per annum inclusive of GST (as at March 2025)
New five (5) year lease from March 2025
One (1) further term of (5) five years
CPI increases built into lease
Rates: approx. $6,000 per year
Insurance: approx. $2,500 per year
Outgoings payable by Landlord
Key Property Details:
Zoning: Town Centre
Total building size: Approx. 280m2
Main site (Leased) Approx. 180m2
Second site at the rear - approx. 100m2 in size
Side access with concrete driveway
Limited off street parking at rear
15.5m of frontage along Herberton Street
The property presents a professional facade, welcoming clients into a space thoughtfully designed to suit various commercial needs. The interior boasts a reception area and showroom, multiple treatment rooms/office spaces, a kitchen space and well-maintained amenities, and is fully air-conditioned.
Convenient side access to the main premise is available, and the second site at the rear of the build is accessed via an oversize roller door. This versatile space could be easily leased as a storage space, or with a little effort transformed into another commercial and lettable space. The location and setup are ideal for professional offices or a variety of retail pursuits.
Seize this rare chance to own a slice of commercial excellence in an area that continues to grow!
From all of us at Mareeba Property Office, we wish you every success with your property search. For more information or to arrange an inspection of this property, please call or email us today.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.