1/112 Charlotte St Cooktown , QLD
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7 Boundary Street, Cooktown

Industrial Potential 10% ROI

8 car spaces
1923 m2
$259,000
Under Contract
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Description

Imagine the name of your business on top of your shed right where majority of people when visiting Cooktown drive past. This large corner allotment is on the only roundabout in town that is a main thoroughfare for 5 directions. The total area of both these allotments is almost half an acre, 1923m2 and both parcels of land are on separate titles. Potential to sign a new lease for a return of 10% ROI with room to expand or sell the other block separately. Inside is an office, bathroom and 3 phase power, town water and sewerage all connected. With a bit of work to the building there is loads of potential including a drive through business.
Purchase both the land with the existing shed and the spare block for $259,000.
Contact your local agent for more information.
Ariah 0407 138 016
[email protected]

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