122 & 123/53-57 Esplanade, Cairns City, QLD 4870

Retail | Retail | Retail

For Sale Offers invited over $900,000

  • Property ID: 358349
  • Floor Area: 111m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
Double glass frontage, Cairns Esplanade

Colliers Cairns is pleased to offer for sale Shops 122 &123 at 53-57 Esplanade in the heart of Cairns.

With its prime Esplanade frontage, this superior commercial property forms part of the main entrance and foyer to the popular Mantra on the Esplanade hotel complex comprising 130 rooms, positioned directly opposite Fogarty lush parkland and the iconic Cairns Esplanade Lagoon.

Furthermore, the property is ideally positioned at one of the access points to the Cairns Gallery Precinct, providing connectivity through to the Court House building which is a key component of Council's transformation of several adjoining heritage buildings to create a dynamic and world class gallery precinct.

Comprising two interconnecting ground floor commercial units providing 111m2* net leasable area; benefit from the existing luxury fit out which features refined timber & granite glass topped displays, marble flooring, high definition LED lighting, advanced security system, storage room/shelving and rear office. Ownership includes the exclusive use of two off street secure car parks with the complex.

The main features include:

-10 metre Esplanade shopfront
-111m2* retail shop (two lots combined into 1)
-Existing sophisticated, high-end retail fit-out in place
-Located truncating the foyer/reception of the 'Mantra on the Esplanade'
-2 off street car parks

This ideal Cairns trophy investment is available now at exceptional value. If you have been considering buying a property on one of Australia's most popular retail strips, now is the time.

Offered as a single package, Lots 122 & 123 / 53 - 57 Esplanade, Cairns is for sale with formal offers invited over $900,000 + GST with vacant possession. For further information or to inspect contact Jay Beattie.

*Approximately

Colliers - 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 is Australia's own global real estate success story.

Cairns City Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8005 $389 4.86%
Offices $3021 $332 10.98%
This is the average advertised price, rent and yield for Cairns City, QLD 4870*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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