Colliers Cairns offers for sale this inner-city commercial strata, located within the Kirshan House complex at 59-61 Spence Street in Cairns.
Benefiting from its inner-city location, Kirshan House is a two-level strata titled commercial building located on busy Spence Street adjoining a multi-level office tower which fronts Sheridan Street. The property is strategically located close to Cairns Central Shopping Centre and the Cairns legal precinct.
The subject tenancy houses the famous Kee Kong Restaurant which has been open for nearly 40 years and is one of the only few ground-level stratas in the Cairns CBD. Due to the retirement of the owners, this sale provides an affordable entry into ownership in the CBD for either owner occupation or investment while having the security of being part of a larger potential future development parcel.
The property is located on Spence Street, near the intersection of Sheridan Street and close to the centre of the Cairns CBD. Spence Street services a dual carriageway in both directions, acting as a sub arterial feeder between the Esplanade/CBD and linking fringe suburbs of Parramatta Park, Portsmith and Bungalow.
The surrounding businesses comprise a mixed use of services inclusive of legal firms, personnel services, food and entertainment venues, offices, retail outlets, hotels and corporate entities. Notable operators include Australia Post, Rydges Plaza, O'Reilly Stevens Lawyers and Cairns District Police Headquarters, to highlight a few.
Features:
- 164m2* ground floor strata freehold
- 4 off street covered carparks
- Existing restaurant fit-out
- Only 4 lots in the complex (potential for redevelopment)
Lot 2, 59-61 Spence Street, Cairns City is for sale for the listed price of $480,000 + GST, if applicable.
For more information, contact Stacey Quaid.
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