Cairns Commercial Property News

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

Syrian investor buys Little Albion Guest House
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Syrian investor buys Little Albion Guest House
The internationally backed hotelier Crystalbrook Collection has made its first foray into Sydney, buying the 35-room Little Albion Guest House in Surry Hills for an aggressive price of about $30 million.
New Cairns hotels to boost city’s ‘Instagram moments’
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New Cairns hotels to boost city’s ‘Instagram moments’
After 40 years in the business, Cairns architect Tim Bentley is pleased the city is finally coming into its own in terms of building design.
Room rates boom at north Queensland hotels
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Room rates boom at north Queensland hotels
Cairns and north Queensland hotels posted the highest growth in average room rates at nearly 9% last year, but occupancies dwindled in Perth, slumping 4.6%.
Local family offers piece of Gordonvale’s history
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Local family offers piece of Gordonvale’s history
The Trevor family has made the bittersweet decision to sell their slice of Gordonvale’s unique built environment history.
Nine Good Guys stores fetch good, good price in monster deal
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Nine Good Guys stores fetch good, good price in monster deal
Nine retail outlets leased to bulky goods chain The Good Guys have been sold for $92 million, in a series of deal spanning four states and involving multiple buyers.
Two Cairns hotels, one $10 million price tag
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Two Cairns hotels, one $10 million price tag
Considering buying a hotel in tropical north Queensland? Why not make it two?
US cruise companies eye off Australian islands
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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.
Cairns to welcome new $100m hotel
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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.
Action aplenty in Cairns historic hotel market
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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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