Rare Dual Main Street Frontage.

42 Edith Street & 9 Owen Street, Innisfail - Rare Dual Main Street Frontage.

MoDa Real Estate is proud to present to the market, a landmark property located in the belly of the Innisfail Township. Boasting exceptional visibility and access from two of the township's main thoroughfares - Edith and Owen Street.

A freehold opportunity to acquire a substantial building that has been very well maintained during its life with quality extensions and additions, amalgamated to a single title the premises has been residence to the Mellick Centre since 1989 – A staple and expectation of the Innisfail landscape, the family name has held it's feather in it's cap since the early 1900s and will forever be the a part of the Fabric of Far North Qld, it has a strong connection to the community and is favoured among locals through the Cassowary Coast and to Cairns.

The 'Mellick Centre' freehold is being offered for sale with a new lease to be in place for the new building owners and the Business to be – Business as usual OR vacant possession upon request and negotiation.

The building consists of 1,984sqm* of total floor space.
1,117sqm* of showroom floor space.
Secure basement garaging for 12 cars*.
Large storage area with lift access.
Loading dock with semi trailer holding capacity.
Staff amenities - including rest lounge/area with kitchenette and shower facilities.
Private offices.
Land size of 1,305sqm* with Edith Street and Owen Street frontage ensuring premium visibility and access.
Current business and freehold owners can remain and continue to operate the business which has been in the same location for 35 years and experienced year on year increased EBITs with a negotiated lease being offered to the purchaser – a low risk, blue chip commercial opportunity.

Alternatively, a negotiated vacant possession can be made available.
Forecast rental return approximate 7.5% per annum (net).

* approximately.

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.