91 Esplanade,
Cairns City, QLD 4870
Shops & Retail
Price information
Sale - Expression of Interest closing Thu 9 May
CAIRNS ESPLANADE RETAIL INVESTMENT
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$247,790
Number of Tenants
2 Tenants
Tenants / Type
Retail/Bar/Restaurants
Expression of Interest
Private inspections
to arrange a private inspection.
CBRE - Cairns
1st Floor, Village Lane, 20 Lake StreetCAIRNS CITY, QLD 4870
04187720...
91 Esplanade
Cairns City, QLD 4870
Map of 91 Esplanade
Train stations within 5 km of 91 Esplanade, Cairns City, QLD 4870 Distance Cairns Station 908 m Portsmith Station 3.4 km POWERED BY HERE ©Bus stops within 5 km of 91 Esplanade, Cairns City, QLD 4870 Distance Spence Street at Grafton St 599 m Florence Street at Sheridan Street 632 m Lake Street at Cairns Private Hospital 651 m Cairns Central Shopping Centre 866 m Cairns Central Terminus 875 m POWERED BY HERE ©
POWERED BY HERE ©
A Rare Offering On The Most Tightly Held Commercial Strip
- CAIRNS ESPLANADE DINING PRECINCT
- FULLY TENENTED INVESTMENT OPPORTUNITY
- HIGH PROFILE TWO-LEVEL BAR/RESTAURANT
The iconic Cairns Esplanade, in Tropical North Queensland, Australia, is a major focal point for locals and visitors in Cairns city. It is a recreational area for people looking for a beautiful view during an early evening dinner, couples having an early morning jog, teenagers using the skateboard ramp, CBD workers resting on the grass for lunch, and countless more.
In 2021 the Cairns Regional Council spent $28 million on the Esplanade Dining Precinct to maximise the cities appeal.
CBRE Is please to present this rare offering on the most tightly held commercial strip.
Land Area: 400m²* + first floor balcony of 39m²*
Building Area:
• Ground Floor - 351m²*
• First Floor - 242m² + balcony of 39m²*
• Total - 575m²* net lettable area
TENANT DETAILS
Ground Floor:
• The Courtyard Bar and Restaurant
• Lease Term - 5 + years
• Lease commencement 29 September 2023
First Floor:
• Iyara Thai Restaurant
• Lease Term - 5 years (nil options remaining)
• Lease commencement: 01 July 2023
Total Net Rental: $247,790
In 2021 the Cairns Regional Council spent $28 million on the Esplanade Dining Precinct to maximise the cities appeal.
CBRE Is please to present this rare offering on the most tightly held commercial strip.
Land Area: 400m²* + first floor balcony of 39m²*
Building Area:
• Ground Floor - 351m²*
• First Floor - 242m² + balcony of 39m²*
• Total - 575m²* net lettable area
TENANT DETAILS
Ground Floor:
• The Courtyard Bar and Restaurant
• Lease Term - 5 + years
• Lease commencement 29 September 2023
First Floor:
• Iyara Thai Restaurant
• Lease Term - 5 years (nil options remaining)
• Lease commencement: 01 July 2023
Total Net Rental: $247,790
Property ID: 504565256Last Updated: 17 Apr 2024
CBRE - Cairns1st Floor, Village Lane, 20 Lake Street
CAIRNS CITY, QLD 4870
CAIRNS CITY, QLD 4870
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