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Colliers International - Cairns
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73 Williams Esplanade Palm Cove, QLD 4879

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73 Williams EsplanadePalm Cove, QLD 4879

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Land area

579.0m²

Floor area

400.0m²

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16 May 2019

Landmark Beachfront Commercial Freehold

  • Substantial passing income
  • 579m2* land area
  • Unprecedented corner position
Offered for sale for the first time in 33 years representing a unique commercial investment, 73 Williams Esplanade, Palm Cove is one of the few remaining undeveloped beachfront freehold properties, enhanced by its unprecedented corner position.

Palm Cove, recognised as Cairns’ premiere beachside destination, is located approximately 25 minutes north of the Cairns International Airport, an area which has long been the focus for both residential and commercial property investors pursuing the perfect mix of ideal weather, natural unspoiled beauty and relative affordability with potential for strong capital growth.

Providing a combined passing income of $147,513pa* (GST excl), both commercial leases have just transitioned into their final 3-year option term, offering prospective purchasers not only the security of income derived from established traders, but the flexibility of time to consider the future vision for the property.

Main features include:

• Prime beachfront commercial holding
• 400m2* NLA over two levels
• $147,513pa* passing income
• Hold, refurbish or redevelop

73 Williams Esplanade is offered for sale by Expressions of Interest closing Thursday 9 May 2019 at 4pm.

For further information, please contact Jay Beattie on 0428 551 062 to request an information pack.

*approximately

Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors – office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australia’s own global real estate success story.

Property ID: 503153502Last Updated: 1 Jul 2019

0428 *** ***
Colliers International - Cairns
73 Williams Esplanade
Palm Cove, QLD 4879
Jay Beattie

Colliers International - Cairns

35 Lake Street
CAIRNS CITY, QLD 4870

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Colliers International - Cairns

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Colliers International - Cairns

35 Lake Street
CAIRNS CITY, QLD 4870
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Jay Beattie

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Jay Beattie
Colliers International - Cairns
73 Williams Esplanade Palm Cove, QLD 4879

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I’m interested in this property. Could you please provide me with more information.

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