Croc Shop Complex
Be part of Cooktown’s future growth from a prime high street position.
115-117 Charlotte Street Cooktown has never been traded before. It offers a steady investment with sound returns in the complex. The complex has three separate tenancies including a national tenant. Hosting Cooktown’s only fully operational bank, the well-known Croc Shop gift store and downstairs the Wellbeing Centre.
Purpose-built in 1990 the building is of solid steel and cement block construction on a suspended slab, ample off-street parking and ideal high street frontage. Located across the road from the historic old bank building on Cooktown’s main street and well frequented due to the bank, the bus departure area and Cape York Natural Resource Management next door.
The complex was purpose-built in 1990, the building is a solid well-built building, with concrete piers, concrete suspended slab, concrete-filled Besser brick walls, steel roof girders, trim deck steel roof, ample off-street parking and ideal high street frontage.
- Three separate tenants. 1 x new 2-year lease (Wellbeing Centre) plus 2 x long-term leases on the town’s main Charlotte street.
- Croc Shop has been a tenant since the creation of the building. The shop sold in 2021, we have just renewed the retail tenancy agreement (Aug24) of 1 x 2 years + 2 year option. It has its own toilet.
- The ANZ Bank a National tenant is the region’s only actual bank outlet. Has an ATM machine on the front wall. kitchenette and toilet facilities. ANZ refurbished the outlet in 2023 and this agency is doing exceptionally well.
- Cooktown Massage is a new tenant on a 2 year lease with 2 x 2 year options.
Cooktown the tropical gateway to Cape York attracts thousands of domestic and international visitors each year, Grassy Hill, James Cook Museum, the waterfront and the town centre are must-see places. Pristine beaches, tropical lagoons, waterfalls, and regional outstanding fishing await,
Cape York is noted to be one of the world’s last untouched frontiers, for many it is on the top of the bucket list. Cooktown is an unspoilt, small historic coastal town surrounded by stunning unparalleled countryside, and Aboriginal culture, nestled inside Australia’s Great Barrier Reef.
With its laid-back atmosphere and friendly people, it is a charming place to call home. Cooktown sits at the mouth of the Endeavour River, 267km from Port Douglas.
Check out the vacant development block next door. CLICK HERE!
Price Guidance:- $895,000 Lot 8 RP748073 plus Lot 906 RP851371 vacant land $ 199,000 = $1,094,000 excl GST for both lots including shops.
NB: Lot 906 can be purchased separately. Lot 8 will not be sold on its own unless Lot 906 is already sold!
