11 Coondoo Street

Kuranda QLD 4881

Ideally positioned amongst a variety of restaurants, cafes, and retail outlets, both shops are currently leased with varying lease agreements in place offering a rental return of approximately $65,720pa. Shop 1 is leased to a long-placed souvenir tenancy who has been operating out of the same premises for decades. The shop comprises open retail space, a small rear storeroom and amenities held over 83m2*. Shop 2 is leased to a fashion, gifts and homewares shop who has a dedicated clientele. The shop comprises a substantial 400m2 open plan retail space and amenities which leads through to an open deck area leading down to the rear terraced gardens.

Features:

Substantial 910m2* on title with 483m2 NLA
Two adjoining strata's plus courtyard and open garden space
Holding income from existing tenancies
Direct frontage onto Coondoo Street
Dominant exposure to heavy foot traffic
High signage opportunities
Positioning in the heart of Kuranda between major tourist attractions

The township of Kuranda predominantly operates between the hours of 9am and 3pm to service the bulk of the day trippers which arrive from Cairns by either train, Skyrail Cableway, bus tours or independent transport.

For more information, contact the agent.

*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
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