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Lot 193 Captain Cook Highway Port Douglas, QLD 4877

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Lot 193 Captain Cook Highway,
Port Douglas, QLD 4877

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High Profile IGA Anchored Shopping Centre. Current DA Approval for Expansion.

  • Prime Highway Position
  • Substantial 1.49 ha site
  • Buoyant local economy
- Direct highway frontage in prime corner position with Cornetts Supa IGA supermarket, a pharmacy, liquor store and coffee kiosk
- Approx. 86% of income derived from ASX listed Metcash
- Cornetts is QLD’s leading independent supermarket operator with 32 stores statewide.
- Supermarket leased to 2020 with one remaining five year option.
- Substantial 1.49 hectare site with additional land for future expansion
- Current approval to expand supermarket plus additional retail specialties
- Potential to add drive-thru fast food or fuel outlet (STCA)
- Port Douglas is a tourism hotspot with 10 international airlines with direct flights daily to Cairns
- Gateway to the northern Barrier Reef and major international world heritage listed attractions
- Net Income: $473,485 pa + GST.

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne

Property ID: 502627178Last Updated: 20 May 2021

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Lot 193 Captain Cook Highway
Port Douglas, QLD 4877
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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