120-124 Grafton Street and 123-129 Lake Street, Cairns City, QLD 4870

RARE CBD DEVELOPMENT OPPORTUNITY

A rare opportunity to own one of the few remaining development sites in the CBD.

The site is a combination of five titles comprising a total area of 5,065 sqm. Three titles on Lake Street have a frontage of approximately 60 metres, (incorporating part of Cairns Regional Council upgrades and city bus interchange), and two titles facing Grafton Street have a frontage of approximately 40 metres. The site has a multitude of uses and applications. Currently the three titles facing Lake Street and one facing Grafton Street are leased by Cairns Regional Council. The final title on Grafton Street comprises a single storey industrial style dwelling.

The property is in an outstanding location, midway between the Esplanade waterfront precinct and Cairns Central Shopping Centre, within close proximity to all retail and commercial aspects of the CBD, as well as the wharf area and all tourism facilities.

Offers by Expression of Interest should be submitted to Knight Frank Cairns’ marketing agents, Matt Carless and John Lynch

• Five titles comprising a total area of 5,065 sqm
• Three titles with Lake Street frontage of approximately 60 metres
• Two titles facing Grafton Street with a frontage of approximately 40 metres
• Suit multiple uses including residential or office
• Currently leased with holding benefits
• Centrally located between Cairns Central Shopping Centre and the Esplanade

Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 30 years and incorporates three departments into the one office; a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Remember to mention you found this property on DevelopmentReady