115 Charlotte Street Cooktown offers as a steady investment freehold property with solid returns and room to expand. The property has three separate tenancies including a national tenant. Hosting Cooktown’s only full operational bank, the well-known Croc shop gift store and downstairs the Wellbeing Centre. Purpose built in 1990 the building is of solid construction, ample off street parking and ideal high street frontage. Located across the road from the historic old bank building on Cooktown’s main street and well frequented due to the ANZ bank and neighbouring bus departure area.
With three long term tenants this investment property offers around 9% ROI with room to grow. The building sits on 936 m2 of land and offers 1 x 77m2, 1 x 95m2 and downstairs 200m2. Each have their own private toilet and bathroom areas.
This investment will offer sound returns, largly self managed and be a stronger performing investment than many other forms or fund holding accounts.
Agent: Hamish Haslop
Tel +61 7 4060 3159