5-7 FRONT STREET, Mossman, Queensland, 4873

  • 3
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Sold

Sold for $400,000 (Feb 12, 2019)

PRIME POSITION - PRIME OPPORTUNITY

This unique property is your chance to secure a huge chunk of Mossman’s commercial district with multiple potential income streams.

Land parcel over 1,700m2 consisting of approximately 35m of Front Street frontage.

The historic building of Mossman Cycle & Sports (7 Front St) has been an iconic part of Mossman’s busy main road since the 1930’s. In the late 1940’s the current residence upstairs was relocated from the rear of the property & lifted on top of the now bike shop! The adjacent building (5 Front St) is home of The Junction Cafe, Mossman’s only laundromat & locksmith businesses, built in 1934.

This property is being sold with the laundromat business “Mossman Wash’n Wear” which consists of 10 front loader machines & 4 gas commercial driers. Electric roller door makes for easy opening/closing routines. Current operating hours 6am-8pm.

Plenty of parking plus a solid brick/steel shed at the rear of the property is currently used for storage but could be a versatile commercial space in itself with own toilet connected.

Access to the rear of the property is via the easement through the Mossman Hotel driveway.

Potential Income streams:

- Cafe

- Shop

- Laundromat

- Bike Shop

- Large 3 bedroom residence upstairs

- Rear shed with toilet




  • Currently showing 8% nett return, potential for up to 15% nett *

    Council rates:

    - $7600pa land (approx)

    - $4000pa water (approx)

    Zoning:

    - Town Centre

    Endless opportunities here for the savvy investor. Enquire today.

Property Info:

  • Property ID: 19821970
  • Property Type: House

We Know Your Area

R&H Suburb Profile: Mossman

R&H Suburb Summary Houses
Number of sales 29
Average Price $362,231
Median Price $365,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 6 %
R&H Suburb Summary Units
Number of sales 1
Average Price $380,000
Median Rental Price $260 p.w.
Change in Rental Rate (5yr) 25 %
Mossman, QLD - Median Trend
  • 5-7 FRONT STREET, Mossman,
    Queensland, 4873