Rare CBD Development Opportunity
120-124 Grafton St And 123-129 Lake St, Cairns City QLD 4870
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Commercial LandSize: n/a
Block size: 5056 m² approx.
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.
* 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 33 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.
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.
* 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 33 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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact John Lynch to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Commercial Land
Block Size:
5056 m²*
Other Details
Maps and area information
Block information
Block size: 5056m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
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SummaryMedian sales
Average Age
44 years
Population
3,616
Listing ID: 179495616. This listing has been viewed 3 times. It was first displayed on 07/05/2021 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.