Centre Point Arcade has a central position in the Proserpine CBD and is located opposite a busy pedestrian crossing. The arcade is on the edge of the new proposed development site for the IGA Supermarket and Shopping Centre.
Fully tenanted (leases in place)
Shop 1-4/35 Main St, $3,604.16 – 129m plus 21.08m of public arcade
Shop 5/35 Main St, $872.00 – 42m plus 6.85m of public arcade
Shop 6/35 Main St, $1,608.17 – 137m plus 22.49m of public arcade
Toilet facility – 13m approximately
Land area 641m
Off street parking, two street frontage and convenient to council car park
Approximately 9% return
Costings have been researched by the vendor for potential strata title of up to six individual shops. With two major housing developments approved and under construction, the population is set for sharp growth. This is sure to have an effect on the demand of commercial sites and bring upward pressure on rents and prices of commercial property. Call now to arrange your personalised inspection!