This commercial property is located in the centre of the main retail street in the super popular resort village of Port Douglas. The well maintained building is leased to the ANZ Bank on the ground floor whilst the upstairs contains 11 motel style rooms suitable for holiday letting. Total building area is approximately 600sqm with off street parking for 12 vehicles. Total land area is 1012sqm (20m wide x 50m deep approx).

The ANZ lease runs to March 2011 with a 3 year option. The Bank has indicated its interest in taking up this Option.

This freehold property will appeal to those investors looking to secure a piece of prime Port Douglas real estate with a secure anchor tenant. In addition the freehold tenure allows to a number of options to be considered in the future without the complications of strata title ownership.

Inspection by Appointment.

For more information please contact Mark Flinn on 0405 646 313 or email: mark@raywhiteportdouglas.com.au

*Perfectly located on Macrossan St Port Douglas*Total land area 1012sqm*Total building area 600sqm*Lease to 2014 including options*Anchor Tenant – ANZ Bank*Freehold property/commerical zoning*Great opportunity to buy prime space