About this property
Prime Waterfront location
Absolute waterfront location overlooking the mouth of the Endeavour River and Coral Sea. Cavity brick building, built in 2000 on lease hold waterfront land, 16 years on current lease. On expiry provision for new 40 year lease available. Potential to install a vessel holding pontoon for reef charter operator.
Integral to Cooktown Esplanade Masterplan
Spacious upstairs corporate office suite with 180 Degree views and warp around balcony. Patisserie coffee kitchen (cafe)downstairs with wrap around private balcony with ocean views from every table. Downstairs a Laundromat servicing boaties and locals, plus laundry services.
Cooktown CBD Waterfront with 180 views of the Endeavour River, Cooktown inlet and the Coral Sea, a picture that is ever changing. Upstairs spacious corporate office with no imposing infrastructure, enabling the lessee to deck out as they wish, suitable for many business scenarios. Downstairs a Cafe over looking the harbour and a laundromat that has been an integral part of Cooktowns waterfront since the buildings creation in 2000. This is an ideal opportunity for a passive investor to generate better returns than interest on savings held at any bank or volatile share market. 2019 ROI = 9%!
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