Cairns Commercial Property News

Cairns commercial property news, commercial real estate market data, business news and insights.

News
Two Cairns hotels, one $10 million price tag
Considering buying a hotel in tropical north Queensland? Why not make it two?
News
US cruise companies eye off Australian islands
American cruise companies are looking to buy private ­islands off Queensland’s coast to offer passengers exclusive destinations and further control passenger spending. This article originally appeared on theaustralian.com.au/property.
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Cairns to welcome new $100m hotel
Dubai-based Syrian billionaire Ghassan Aboud is planning a third $100 million Cairns hotel development, snapping up the Bellview Motel and Backpackers and an office block. This article originally appeared on theaustralian.com.au/property.
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Action aplenty in Cairns historic hotel market
Queensland’s hotel and pub sector continues to bubble along, with two of the states most prominent historic hotels placed on the market.
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$30m Fitzroy Island joins Queensland sale rush
The cavalcade of Queensland island real estate offerings continues, after Fitzroy Island Resort, off the coast of Cairns, was officially placed on the market.
News
Mulpha pays $41m for Rydges hotel in Cairns
Malaysian investment giant Mulpha International has struck its first local hotel acquisition in years, buying The Rydges Esplanade Cairns hotel in a $41 million deal. This article originally appeared on theaustralian.com.au/property.
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Six-star resort in the offing after Cairns hotel sale
Cairns is proving to be one of Australia’s leading hotel growth markets, with the Rydges Tradewinds Cairns selling for $34 million at the same time as the landmark Novotel Cairns Oasis Resort is listed for sale.
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Stockland Cairns hits market with $230m price tag
Stockland Group is poised to take advantage of Australia’s white-hot sub-regional shops market by offering up one of Queensland’s largest retail hubs.
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Investors clamour for slice of student accommodation market
Developers and investors are looking to capitalise on the booming education market.
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