122 Lake Street,
Cairns City, QLD 4870
Hotel, Motel & Leisure
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Map of 122 Lake Street
Novotel Oasis Cairns
CBRE Hotels is proud to present the Novotel Cairns Oasis in the leading hotel growth market in Australia.
INVESTMENT HIGHLIGHTS
THE LARGEST LANDHOLDINGS IN CAIRNS CBD
• Largest landholding (1.23* hectares) in Cairns CBD, offers further development potential (STCA).
SECOND LARGEST HOTEL IN CAIRNS
• With 314 rooms, this is Cairns' second largest accommodation offering.
FINANCIAL NET RETURN TO INCOMING OWNER
• Strong performance with the ability to substantially increase net return.
VACANT POSSESSION
• Vacant Possession is available upon sale.
UNRIVALLED LOCATION IN CAIRNS CBD
• The hotel is located in Cairns, the gateway to World Heritage listed Great Barrier Reef and The Daintree Rainforest, in an unrivalled location on Lake Street, adjoining the Cairns Aquarium development and one block from the Performing Arts Centre development.
CAIRNS - AUSTRALIA'S LEADING MAJOR HOTEL GROWTH MARKET
• Cairns is witnessing an impressive tourism rebound with record high visitor arrivals and double digit growth in RevPAR - up 12.6% Feb YTD according to STR.
*Approx
Outlines on aerial image indicative only
INVESTMENT HIGHLIGHTS
THE LARGEST LANDHOLDINGS IN CAIRNS CBD
• Largest landholding (1.23* hectares) in Cairns CBD, offers further development potential (STCA).
SECOND LARGEST HOTEL IN CAIRNS
• With 314 rooms, this is Cairns' second largest accommodation offering.
FINANCIAL NET RETURN TO INCOMING OWNER
• Strong performance with the ability to substantially increase net return.
VACANT POSSESSION
• Vacant Possession is available upon sale.
UNRIVALLED LOCATION IN CAIRNS CBD
• The hotel is located in Cairns, the gateway to World Heritage listed Great Barrier Reef and The Daintree Rainforest, in an unrivalled location on Lake Street, adjoining the Cairns Aquarium development and one block from the Performing Arts Centre development.
CAIRNS - AUSTRALIA'S LEADING MAJOR HOTEL GROWTH MARKET
• Cairns is witnessing an impressive tourism rebound with record high visitor arrivals and double digit growth in RevPAR - up 12.6% Feb YTD according to STR.
*Approx
Outlines on aerial image indicative only
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Property ID: 501915438Last Updated: 20 Sep 2017
04196986...
122 Lake Street
Cairns City, QLD 4870
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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