Kuranda
21-23 Coondoo Street
Building: 2026 SQMLand: 2026 SQM
Best offers on or before 30th November
Landmark Commercial Investment with Owner Occupier Potential
Positioned prominently in the heart of Kuranda Village, this substantial 2,026m² commercial holding presents a rare opportunity to secure an established income-producing property in one of Far North Queensland's most recognised tourism destinations.
Held by the same family for more than 20 years, the property is now being offered to the market with an established tenant mix, gross income of more than $200,000 per annum and approximately 80% of the premises currently leased.
Adding another dimension to the opportunity is the available café, purpose-built theatre and expansive rear deck area. This provides genuine potential for an owner-occupier to establish and operate their own business from the property, while continuing to benefit from income generated by the existing commercial tenancies.
For the right buyer, this creates a compelling combination of business premises, established rental income and future upside, all from a substantial commercial holding in the centre of Kuranda.
The improvements comprise four interconnected single and two storey structures, positioned across the site with approximately 40 metres of frontage to Coondoo Street.
At the front of the property, approximately 284m² of retail space benefits from excellent street exposure and a substantial covered awning extending over the footpath, providing a versatile all weather area suited to alfresco dining, customer seating and retail display.
Connected behind the main retail area is the approximately 378m² purpose built indoor theatre with seating for around 280 people. Together with the café and rear deck, this substantial available area opens the door to a variety of tourism, hospitality, entertainment or experiential concepts, subject to relevant approvals.
Property Highlights
• Substantial 2,026m² commercial landholding
• Approximately 40 metres of frontage to Coondoo Street
• Gross income of more than $200,000 per annum
• Approximately 80% currently leased
• Established mix of long term commercial tenants
• Opportunity for an owner occupier to operate from the available premises while retaining existing rental income
• Available café, theatre and expansive rear deck area
• Approximately 284m² of street-front retail space
• Purpose built approximately 378m² indoor theatre
• Theatre capacity of approximately 280 seats
• Covered alfresco dining and retail area
• Existing wine tasting and retail use
• Multiple toilet facilities
• Four interconnected single and two storey structures
• Further potential to reposition, lease or develop the property, subject to relevant approvals
With established income already in place and substantial space available for an incoming owner to operate their own business, this property offers considerably more than a traditional commercial investment.
Whether acquired as an investment, an owner occupied business premises, or a combination of both, this is a rare opportunity to secure a landmark commercial holding in the heart of Kuranda Village.
Held by the same family for more than 20 years, the property is now being offered to the market with an established tenant mix, gross income of more than $200,000 per annum and approximately 80% of the premises currently leased.
Adding another dimension to the opportunity is the available café, purpose-built theatre and expansive rear deck area. This provides genuine potential for an owner-occupier to establish and operate their own business from the property, while continuing to benefit from income generated by the existing commercial tenancies.
For the right buyer, this creates a compelling combination of business premises, established rental income and future upside, all from a substantial commercial holding in the centre of Kuranda.
The improvements comprise four interconnected single and two storey structures, positioned across the site with approximately 40 metres of frontage to Coondoo Street.
At the front of the property, approximately 284m² of retail space benefits from excellent street exposure and a substantial covered awning extending over the footpath, providing a versatile all weather area suited to alfresco dining, customer seating and retail display.
Connected behind the main retail area is the approximately 378m² purpose built indoor theatre with seating for around 280 people. Together with the café and rear deck, this substantial available area opens the door to a variety of tourism, hospitality, entertainment or experiential concepts, subject to relevant approvals.
Property Highlights
• Substantial 2,026m² commercial landholding
• Approximately 40 metres of frontage to Coondoo Street
• Gross income of more than $200,000 per annum
• Approximately 80% currently leased
• Established mix of long term commercial tenants
• Opportunity for an owner occupier to operate from the available premises while retaining existing rental income
• Available café, theatre and expansive rear deck area
• Approximately 284m² of street-front retail space
• Purpose built approximately 378m² indoor theatre
• Theatre capacity of approximately 280 seats
• Covered alfresco dining and retail area
• Existing wine tasting and retail use
• Multiple toilet facilities
• Four interconnected single and two storey structures
• Further potential to reposition, lease or develop the property, subject to relevant approvals
With established income already in place and substantial space available for an incoming owner to operate their own business, this property offers considerably more than a traditional commercial investment.
Whether acquired as an investment, an owner occupied business premises, or a combination of both, this is a rare opportunity to secure a landmark commercial holding in the heart of Kuranda Village.