Auc­tion

Port Douglas & Mossman Gazette - - HOT PROPERTY -

MAIN street com­mer­cial free­hold. Two ten­ants with a net let­table area of 303sq m re­turn­ing a net rental of $162,110. Large 20m frontage to Macrossan Street po­si­tioned im­me­di­ately nextto the NAB build­ing and di­rectly op­po­site the iconic Court House Ho­tel and the Sun­day mar­kets. Our WA ven­dor has de­cided to move their in­ter­ests back to Perth af­ter 20 years of own­er­ship and will set an at­trac­tive re­serve. Ten­ant A, Tommy Ba­hama “TBAU Pty Ltd”, is an in­ter­na­tional com­pany spe­cial­is­ing in their own up­per end brand cloth­ing. They lease ap­prox­i­mately 217sq m and af­ter four years trad­ing in the premises, the US par­ent com­pany has re­cently taken an as­sign­ment of the lease as part of the ex­pan­sion of its Aus­tralian op­er­a­tions. Ten­ant B, Bulls Burger Bar, is a very suc­cess­ful café which leases ap­prox­i­mately 86sq m of floor space.

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