Located in Cooktown CBD is a renovated Queenslander currently set up as Professional offices on 885 sq.mtrs level commercially zoned corner block (corner of Charlotte St. and Furneaux St.)
The building was upgraded to comply with the standard required for letting to a Commonwealth Government agency and is in good condition.
The building area is approx. 170 sq. meters and is currently configured as three individual offices, with kitchenette and bathroom for tenants as well as a self contained flat with separate entry, containing two bedrooms, living room bathroom, kitchen and laundry
This is an ideal opportunity for the astute investor to gain an asset which may provide income streams from commercial tenancies as well as a residential tenancy.
The commercial space may be leased to one business needing to accommodate a number of staff or alternatively to professionals requiring individual office space as two offices have direct access from the covered front verandah via french doors.
The demand for residential rentals within Cooktown is strong. A weekly return in the range $250 to $275.00 (unfurnished) is likely from the self contained flat, plus more again from each of the separate offices.
The commercial space can be applied to any number uses either continuing as professional offices, medical, retailing etc. The current occupant is a well known real estate agent who has operated in Cooktown for many years.
The front entry has wheelchair access. There is parking for a number of vehicles and the building has ample phone/power outlets.
This historic premises is not heritage listed and is located in a prominent position opposite a busy commercial outlet with plenty of passing trade. The building has harbour views from the Charlotte St. frontage. Contact Agent for more information, floor plan or photos or to arrange an inspection.
(3833166)