Chance waiting to take off
THERE is no end to the number of uses for a large chunk of rural real estate in the Douglas Shire.
As part of a portfolio of properties going to auction next month in Cairns, Colliers International has recently released details of a unique 40.47ha parcel of land close to Port Douglas.
“While the freehold parcel is zoned rural, and has no approvals, the orientation is favourable, and we believe it could substantially accommodate a 1500m runway if there was a need,” said Colliers International Cairns managing director Stacey Quaid about the property between Bonnie Doon and Killaloe Dump roads off the Captain Cook Hwy.
“In addition, there is an elevated ridge running through the property which has been quantified to contain approximately 640,000 cubic metres of fine and coarse sand which would provide a stable and well drained base.”
The property is being auctioned at the Pullman International, 17 Abbott St, Cairns on October 3 at 11am.
For further details or an inspection, contact Mr Quaid on 0418 773 258.
Also on the market, with Colliers International agent Jay Beattie, is a commercial site occupied by established and long-time recognised local trader Meraki & Co in the main street of Port Douglas.
The existing lease matures in May 2021 with a further five-year option remaining and a current passing income of $58,641.35 net per annum.
Mr Beattie said the tenant was responsible for all outgoings at 1/34 Macrossan St.
“This property boasts a strong return and prominent location in the heart of the commercial shopping precinct,” he said.
“You literally can’t go to Port Douglas without walking on Macrossan St.
“Port Douglas is a popular holiday destination for domestic and international travellers and Macrossan St has a high amount of traffic due to its proximity to accommodation, dining, clothing and souvenir boutiques.
“The seller is committed elsewhere and is ready to deal – this versatile and ideally located commercial property ticks all the boxes of a sound investment for today and the future.”
The 116sqm strata lot comes with carparking and is listed for $700,000. For further information, phone Mr Beattie on 0428 551 062.