Versatile Retail Space Available | Ideal Location for a Convenience Store, Restaurant, or Office
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131 Lake Street, Cairns City QLD 4870

DOWNSTAIRS $85,000 | UPSTAIRS $40,000

RetailSize: n/a
Block size: 185 m² approx.
This is an ideal hub for a small business (owner-occupiers or tenants) to either relocate their existing business or commence a new venture. Exuding a vibe that it is a timely opportunity for entrepreneurs to get on board and capitalise. Ideally located on the corner of Lake and Aplin Street next to the recently renovated main bus station hub, this property offers a multitude of business opportunities. The ground floor previously presented its self to two separate retail businesses by way of internal dividing wall division with amenity's located at the rear - ideal for restaurant/ café; or add a convenience store to cater to prominent bus stop.

The first floor offers accommodation with 6 bedrooms (occupancy permit required) and all amenities ready for tenants or office spaces. With low vacancy rates and city locality this would provide a consistent income stream for years to come. This locality frequently lends itself as an ideal choice for transient people on the "GO", an affordable option for those in search of close city proximity or as a rental investment bound to be occupied continuously. This property is character filled with loads of potential appealing to owner occupiers, investors and holiday makers alike.

Facts:
- Unit:1 (Aplin St) - 89 sqm ground floor retail space
- Unit: 2 (Lake St) - 55sqm ground floor retail space
- 163 sqm first floor previously operating as short stay accommodation: 6 bed, 2 bath, kitchen, laundry.
- Two separate balconies off bedrooms.

Accommodation:
- Requires occupancy Permit - due diligent searches recommended.
- Master bedroom includes: ensuite and private balcony
- Bedroom two includes: double room with balcony
- Separate bathroom and dinning area
- Southern part of accommodation has 3 bedrooms with full kitchen and bathroom.

Features:
- Located next to main city bus station
- High foot traffic location.
- Prime CBD locality
- 500 meters to the Esplanade
- Operate your business downstairs with rental investment opportunity upstairs.

Proudly brought to you by David Murphy from Ray White Cairns.

Disclaimer
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

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Key details

Property type:
Retail
Block Size:
185 *

Other Details

Ray White Cairns

Maps and area information

Block information
Block size: 185 (approx)
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SummaryMedian sales
Average Age
44 years
Population
3,616
Listing ID: 181886202. This listing has been viewed 5 times. It was first displayed on 29/08/2023 and last updated on 09/04/2024.
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.