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9 & 10, 53 Front Street Mossman, QLD 4873

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9 & 10, 53 Front Street,
Mossman, QLD 4873

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Price information

Sale

$370,000 with a 7.1% return

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Map of 9 & 10, 53 Front Street

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AFFORDABLE COMMERCIAL OPPORTUNITY - LONG STANDING TENANT WITH A 7.1% RETURN

Set on 2 titles this 109 sqm Mossman Street frontage office boasts a secure long standing tenant, a reputable blue chip business in the Douglas Shire for over 50 years.

• New fit out in 2021 which is included in the sale
• 15 year lease with 2 x 5 year options with 12.5 years remaining
• Current annual rent is $26,524 plus gst
• Fixed rent increases each year of 3% or CPI if higher
• Tenant pays 100% of outgoings - council rates, body corp fees, water & electricity.
• Great Super Fund investment at a 7.1% plus return

For further information or to discuss the property further contact Mark Flinn on 0405 646 3...

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Additional information

Property ID: 504585352Last Updated: 8 May 2024

04056463...
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9 & 10, 53 Front Street
Mossman, QLD 4873
Ray White - Port Douglas
24 Wharf Street
PORT DOUGLAS, QLD 4877
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