Freehold Commercial building
Located in the very heart of Port Douglas's main Street. Originally the renowned Mango Jam restaurant with potential to seat over 100 customers, ample parking at the rear, large kitchen and room to expand, fully air-conditioned, outdoor dining options and high traffic & pedestrian exposure. The building can easily be subdivided into 3 shops with current rent at $570m2. There is 300m2 @ $570m2 internally and 30m2 @ $250m2 externally. This will show a potential rental income of $178,500 annually.
Other options include redeveloping the site to take full advantage of the commercial zoning.
Information memorandum available.