15 Catherine Street,
Malanda, QLD 4885
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The Arcade goes to Auction
Malanda Arcade is a well-known landmark building at 15 Catherine Street, Malanda. Chris Gay Real Estate is proud to present a wonderful chance to secure a fine commercial building to start or expand your investment portfolio.
Only an hour from Cairns.
Built in 1991 on a 776m2 block with its primary land use as ‘small shopping group’. The complex features a lettable floor area of 370m2 divided between 8 individual shops/offices. Of these 7 are with current long-term tenants in place.
The current owners have meticulously maintained the ‘Arcade’ for nearly 3 decades and their attention to detail shows in the property’s presentation.
All tenants show that same pride in their individual premises which augur well looking into the future. There is no doubt ‘Malanda Arcade’ offers a fantastic opportunity for the astute buyer.
Current annual income $67,000 with one empty office.
Inspections of the property are to be appointment only due to the operating circumstances of the current tenants.
For further information please contact Chris on 04187737... or chris@chrisgayre.com.au
Only an hour from Cairns.
Built in 1991 on a 776m2 block with its primary land use as ‘small shopping group’. The complex features a lettable floor area of 370m2 divided between 8 individual shops/offices. Of these 7 are with current long-term tenants in place.
The current owners have meticulously maintained the ‘Arcade’ for nearly 3 decades and their attention to detail shows in the property’s presentation.
All tenants show that same pride in their individual premises which augur well looking into the future. There is no doubt ‘Malanda Arcade’ offers a fantastic opportunity for the astute buyer.
Current annual income $67,000 with one empty office.
Inspections of the property are to be appointment only due to the operating circumstances of the current tenants.
For further information please contact Chris on 04187737... or chris@chrisgayre.com.au
Property ID: 504259652Last Updated: 4 Jul 2023
15 Catherine Street
Malanda, QLD 4885
Chris Gay Real Estate - Cairns3/161 Aumuller Street
BUNGALOW, QLD 4870
BUNGALOW, QLD 4870
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