This is an exceptional opportunity to acquire a 77sqm commercial space located in a prime beachfront position at Palm Cove, at the entrance of the renowned Peppers Beach Club Resort. Offering an enviable location in a high-traffic area, this property presents significant potential for future growth, increased income, or owner occupation.
Just 25 minutes from Cairns International Airport, Palm Cove is a peaceful community and a tropical holiday mecca. An iconic destination where you can soak in the pristine stretch of sand and winding paths shaded by melaleuca trees and coconut palms. With colourful boutiques and award-winning spas and restaurants as neighbours and World Heritage listed wonders at your fingertips.
Currently leased at $3,900 per month on a month by month lease, this commercial space is generating consistent revenue, making it an attractive investment for those seeking immediate returns and provides flexibility for the potential investor or owner occupier. The current lessee has been operating a successful business from the premises since 2017, providing stability and reliable rental income, which further enhances the investment appeal for investors.
With its prime location, high visibility, and the added benefit of a reputable, long-standing tenant, this property offers an excellent opportunity for investors to secure a sound and lucrative commercial asset in one of Tropical North Queensland's most desirable coastal destinations.
Features We Love:
• Unbeatable beachfront location
• Long standing tenants
• 77 sqm commercial shopfront
• Immediate returns with potential for future growth
• Opportunity for an owner operator to move in and operate from the premises
Contact Mark Flinn 0405 646 313 to arrange an inspection or for more information.
Disclaimer: All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.