Waterfront Complex, 5 Webber Esplanade,
Cooktown, QLD 4895

Absolute waterfront location overlooking the mouth of the Endeavour River and the Coral Sea. Cavity brick building, built-in 2000 on leasehold waterfront land went under contract in Jan 2021 but vendors unable to secure finance it has come back onto the market. On expiry provision for a new lease would be made available in 2036, the building is part of Cook Shire Council foreshore master plan.

Cooktown CBD Waterfront with 180 views of the Endeavour River, Cooktown inlet and the Coral Sea, a picture that is ever-changing. Upstairs spacious corporate office with no imposing infrastructure, enabling the lessee to deck out as they wish which the current tenant has, suitable for many business scenarios. Downstairs a Cafe overlooking the harbour and a laundromat that has been an integral part of Cooktown’s waterfront since the creation of the building in 2000. This is an ideal opportunity for a passive investor to generate better returns than interest on savings held at any bank or volatile share market. 2021 pricing ROI = 11% .

Cooktown is a charming historical town, un-spoiled by the urgency of modern life. Its close proximity to nearby reefs, deserted beaches, and river systems make it an ideal fishing destination. While it is best known for its endemic wildlife, culture, history, bird watching, and infamous barramundi stocks the region is an enchanting place to call home.