65 The Esplanade,
Cairns City, QLD 4870
Hotel, Motel & Leisure • Shops & Retail
Key property information
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Floor area
Parking info
Property extent
Zoning
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Map of 65 The Esplanade
IRREPLACEABLE ESPLANADE OPPORTUNITY - DIRECTLY OPPOSITE THE LAGOON ENTRY
Penridge Commercial is pleased to offer 65 The Esplanade, Cairns for sale by Formal Offer closing Friday 28th November at 4.00pm.
The property is situated on 406m2 of prime commercial land, with a ten metre frontage in a superior location directly opposite the Esplanade lagoon entry. Improvements to the land include a two storey restaurant building offering over 300m2 of floor space and a covered outdoor dining area with timber decking. The property is equipped with an extensive restaurant fit-out including commercial kitchen and cold rooms.
65 The Esplanade is close to the busy Shield Street intersection and sits between the MacDonalds building and Rattle ‘n Hum.
The ground floor of the building consists of open dining area, large equipped bar and female toilet which leads through to an enormous commercial kitchen with built in larder, cold room, freezer and dummy waiter. The first floor lounge offers views over Trinity Inlet and includes a large equipped bar, male and female toilets and office area.
Historically the building was a local icon housing Barnacle Bill’s Restaurant for more than a decade. In May 2004 the building was upgraded to become Mangostins Restaurant. Some would argue that Mangostins never managed to achieve the level of kudos Barnacle Bill’s gave to the property.
The building is now vacant providing an incredible opportunity for a new owner to develop the next Esplanade icon.
The property is situated on 406m2 of prime commercial land, with a ten metre frontage in a superior location directly opposite the Esplanade lagoon entry. Improvements to the land include a two storey restaurant building offering over 300m2 of floor space and a covered outdoor dining area with timber decking. The property is equipped with an extensive restaurant fit-out including commercial kitchen and cold rooms.
65 The Esplanade is close to the busy Shield Street intersection and sits between the MacDonalds building and Rattle ‘n Hum.
The ground floor of the building consists of open dining area, large equipped bar and female toilet which leads through to an enormous commercial kitchen with built in larder, cold room, freezer and dummy waiter. The first floor lounge offers views over Trinity Inlet and includes a large equipped bar, male and female toilets and office area.
Historically the building was a local icon housing Barnacle Bill’s Restaurant for more than a decade. In May 2004 the building was upgraded to become Mangostins Restaurant. Some would argue that Mangostins never managed to achieve the level of kudos Barnacle Bill’s gave to the property.
The building is now vacant providing an incredible opportunity for a new owner to develop the next Esplanade icon.
Cairns City, 4870 demographic data
The median household income for Cairns City is $1,627, 8% higher than Regional Queensland's household income of $1,507. Cairns City has an older age profile compared to the rest of Regional Queensland (median age 44 vs 41). Property ownership data shows 35% of property owners in Cairns City have a mortgage.
3,616
Population
$1,627 per week
Median household income
44 years
Median age
Renters
Most residents
Families
Most households
0418 456 5...
65 The Esplanade
Cairns City, QLD 4870
Cairns Commercial Property - CairnsLevel 4 Citi Central 46-48 Sheridan Street
CAIRNS CITY, QLD 4870
CAIRNS CITY, QLD 4870
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