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Property ID: 430772

 

CBD Commercial Star Attraction

21-23 Grafton Street, Cairns City, QLD 4870

Colliers Cairns are pleased to offer for sale the iconic, freestanding two level commercial building located at 21-23 Grafton Street, Cairns City QLD. The property is being offered to the market for sale by expressions of interest closing Thursday 8 June at 4pm.

Positioned along one of Cairns' inner-city thoroughfares, 21-23 Grafton Street is ideally located in the CBD. The two-storey commercial building is currently anchored by high profile tenancy Star 102.7 and Radio 4CAa occupying part of level one, with the balance of the property offered with vacant possession.

The two level offering comprises a substantial 1,018m2* freehold with a net lettable area of approximately 966m2*. Currently divided into three tenancies, the ground floor space comprises a 297m2* tenancy including storage and archive space. Level 1 offers two tenancies with common staff/visitor bathroom amenities positioned towards the centre of the floor. Tenancy 1 on level 1 includes 315m2* towards the front of the building and tenancy 2 spans 354m2* towards the rear.

Located in close proximity to the Cairns Corporate Tower and the Convention Centre and adjacent to the planned CQ University Campus, the Grafton Street property would be suitable for a broad range of commercial use with options for owner-occupation or tenancy of the two vacant areas.

Features:

• Holding income with existing high profile tenant
• Ground floor and second level tenancy options
• Freestanding building on 1,018m2* freehold parcel
• NLA of approximately 966m2 across three tenancies
• Existing staff and visitor amenities
• Modern lift and electronic entry doors installed
• Multi-level onsite undercover parking with 25 carspaces
• Versatile, multipurpose building
• Prominent positioning and high exposure to passing traffic

21-23 Grafton Street, Cairns City QLD is being offered to the market for sale by expression of intere...

Sold

$27,000,003,000,000

Stacey Quaid

Patsy Bucknor