Located smack bang in the middle of town on Front Street, this is the opportunity to purchase a commercial property with a long standing business. This was once a family residence that has been turned into a successful and well known Veterinarian "Coral Sea Vet Care".
With the opportunity to purchase a property with solid returns of 7.50% net, why would you put your money in the bank?!
The current lease is now periodic with an option to renew. Currently the tenant pays $33,440.64 per year (+ GST) in rent plus land (council) and water rates.
If you're looking for an income until you retire this could be the property you have been looking for. Take advantage of the income and then you could return the property back into a family home - so many options. You couldn't get a better location and there is ample room out the back if you wanted to put in a 2nd dwelling STCA, use this as a come and go, and enjoy the benefits of income from the current tenant.
Mossman is the district's bustling business centre, located close to Daintree National Park, and Port Douglas just 15 minutes away.
If you are in the market for a great little earner then give Nicole a call on 0416 033 948. Inspections need to be organised so check out the virtual tour and we can go from there. nicole@propertyshoportdouglas.com
