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2, 99 Esplanade Street, Cairns City, QLD, 4870

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2, 99 Esplanade Street, Cairns City, QLD, 4870

Cairns City

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2, 99 Esplanade Street, Cairns City, QLD, 4870

Cairns City

2, 99 Esplanade Street, Cairns City, QLD, 4870

2, 99 Esplanade Street, Cairns City, QLD, 4870

Properties / Buy / Queensland / Cairns City
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
For Sale By Negotiation - Offers Encouraged
Land Area
426 m² (*approx)
Floor Area
426 m² (*approx)
Property Type
Retail, Health/Medical, Other
Sub-type
Strip Retail, Cafe/Restaurant, Mixed Use
Terms
WALE: 4.0 (March 2025)
Est. Income
$169,000 p/a
Fully Leased
Restaurant, Medical, Beauty
Zone
Tourism Accomodation
Car Spaces
5
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Retail Investment with Upside in the Heart of Cairns
  • WALE: 4.0 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: 4.0 years (March 2025)

• 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: $169,000 approx.

A detailed information memorandum is available upon request.

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

99 Esplanade Street Investment Summary

Property Type
Retail, Health/Medical, Other
Sub-type
Strip Retail, Cafe/Restaurant, Mixed Use
Est. Income
$169,000 p/a
Number Of Tenants
3
Tenant
Restaurant, Medical, Beauty
Terms
WALE: 4.0 (March 2025)
Wale
4 years
Land Area
426 m² (*approx)
Floor Area
426 m² (*approx)
Zone
Tourism Accomodation
Car Spaces
5
Selling Method
Sale by Negotiation
Selling Details
For Sale By Negotiation - Offers Encouraged

Investment Highlights

Retail Investment with Upside in the Heart of Cairns
  • WALE: 4.0 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: 4.0 years (March 2025)

• 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: $169,000 approx.

A detailed information memorandum is available upon request.

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

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Property Location of 2, 99 Esplanade Street, Cairns City, QLD, 4870

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2, 99 Esplanade Street, Cairns City, QLD, 4870 Cairns City
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