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99 Esplanade Street, Cairns City, QLD, 4870

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99 Esplanade Street, Cairns City, QLD, 4870

99 Esplanade Street, Cairns City, QLD, 4870

Properties / Buy / Queensland / Cairns City
Tenanted Investment

1. Property Summary

Selling Method
Sale by Negotiation
Selling Details
For Sale Via EOI - Closing 14th Feb 2025
Land Area
426 m² (*approx)
Floor Area
426 m² (*approx)
Property Type
Retail, Child/Healthcare, Other
Sub-type
Health Care & Medical, Mixed Use
Car Spaces
5
Show All

2. Property Highlights

Retail Investment with Upside in the Heart of Cairns
  • WALE: 4.56 Years
  • Stable tenant history with no Arrears
  • Substantially beneath replacement value

Ray White Metro North is thrilled to present this quality, well established & fully leased, multi-tenant medical / commercial investment with a prime CBD position on the corner of Aplin and Abbott Streets as part of the Trilogy mixed-use precinct in Cairns.

The Trilogy precinct comprises three high-rise towers, including a 4 Star Mantra Hotel, several hundred residential units and three street frontages of exciting food & service retail tenancies.

We are selling a prime ground floor retail lot being located in the southeast corner of the Trilogy Precinct.

Lot 2 of Trilogy comprises three ground floor shops:

• Mediterranean Themed Restaurant

• Up Market Beauty / Tattoo Studio - Montaj Movement

• High Quality Nails and Beauty Salon

Key Investment Attributes

_____________________________________________________

• WALE: 4.56 years

• Number of tenants: 3

• Servicing a regional population in excess of 175,000 residents

• Excellent CBD corner location exposed to an average of 13,400 vehicles per day

• Low average net rental rate allowing plenty of room for income growth

• Flood Free area in the heart of Cairns Tourism District and CBD

• Net income: $183,750 approx

A detailed information memorandum is available upon request.

The property is being sold via EOI closing 14th February 2025. Offers are invited!

Please contact Stephen Kidd for further information - 0413 550 474

Medical Investment - Award Winning Tenants - Mixed Use - Long Standing Tenants

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Child/Healthcare, Other
Sub-type
Health Care & Medical, Mixed Use
Number Of Tenants
3
Wale
4.56 years
Land Area
426 m² (*approx)
Floor Area
426 m² (*approx)
Car Spaces
5
Selling Method
Sale by Negotiation
Selling Details
For Sale Via EOI - Closing 14th Feb 2025

2. Property Highlights

Retail Investment with Upside in the Heart of Cairns
  • WALE: 4.56 Years
  • Stable tenant history with no Arrears
  • Substantially beneath replacement value

Ray White Metro North is thrilled to present this quality, well established & fully leased, multi-tenant medical / commercial investment with a prime CBD position on the corner of Aplin and Abbott Streets as part of the Trilogy mixed-use precinct in Cairns.

The Trilogy precinct comprises three high-rise towers, including a 4 Star Mantra Hotel, several hundred residential units and three street frontages of exciting food & service retail tenancies.

We are selling a prime ground floor retail lot being located in the southeast corner of the Trilogy Precinct.

Lot 2 of Trilogy comprises three ground floor shops:

• Mediterranean Themed Restaurant

• Up Market Beauty / Tattoo Studio - Montaj Movement

• High Quality Nails and Beauty Salon

Key Investment Attributes

_____________________________________________________

• WALE: 4.56 years

• Number of tenants: 3

• Servicing a regional population in excess of 175,000 residents

• Excellent CBD corner location exposed to an average of 13,400 vehicles per day

• Low average net rental rate allowing plenty of room for income growth

• Flood Free area in the heart of Cairns Tourism District and CBD

• Net income: $183,750 approx

A detailed information memorandum is available upon request.

The property is being sold via EOI closing 14th February 2025. Offers are invited!

Please contact Stephen Kidd for further information - 0413 550 474

Medical Investment - Award Winning Tenants - Mixed Use - Long Standing Tenants

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

99 Esplanade Street, Cairns City, QLD, 4870

Property Map
99 Esplanade Street, Cairns City, QLD, 4870 Cairns City
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