6 Upward Street cnr with 154 - 156 Lake Street,
Cairns North, QLD 4870
FOR SALE BY EOI CLOSING APRIL 28 2021 5PM.
Key property information
PRIME CORNER MEDICAL PRECINCT DEVELOPMENT OPPORTUNITY WITH EXISTING UNIT BLOCK
- REDEVELOPMENT INTO MEDICAL SUITES
- EXISTING UNIT BLOCK - ACCOMMODATION USE
- CENTRE OF CAIRNS MEDICAL PRECINCT
ZONE: Tourist and Residential. Commercial Uses
by Council by Council Approval.
+ Currently Approved for 26 bedrooms/ 103-person Short Term Accommodation Use
+ Coffee Shop Food Outlet has Preliminary Approval
+ The site is currently vacant and has no tenants/guests
+ Lake St - 6 x 1 Brm Units and 4 x 2 Brm units, Plus a 7 brm Hostel on the Upward St Corner. The buildings have been modified for short term accommodation as per the Council Approval.
+ In addition there is off street carparks for 5 cars,
a pool, deck area, laundry and BBQ Recreational
Area, common kitchens and lounge areas.
+ Includes roof top solar of 19.2KW & 13KW
PERFECTLY POSITIONED DEVELOPMENT SITE IN BETWEEN THE CAIRNS PUBLIC HOSPITAL AND RAMSAY CALVARY PRIVATE HOSPITAL WITH EXISTING UNITS AND A HOSTEL IN PLACE.
Only a few minutes to the Cairns Esplanade, schools, and all the major Hotels in the Cairns CBD. The area has a high presence of Medical specialist suites, Medical Imaging, ICON Cancer
Care, and a multitude of other allied health care professionals.
This is the centre of the Cairns medical precinct and the site is on the doorstep of the future JCU Teaching Facility as part of the upgrade of the Public Hospital to a full Tertiary Hospital over the next 5-10 yrs.
The offering is perfect for redevelopment
into specialist medical suites and or retrofitting some of the improvements for accommodation other uses.
Property ID: 503794942Last Updated: 23 Jun 2021
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