91 Esplanade Cairns City QLD 4870

The iconic Cairns Esplanade, in Tropical North Queensland, Australia, is a major focal point for locals and visitors in Cairns city. It is a recreational area for people looking for a beautiful view during an early evening dinner, couples having an early morning jog, teenagers using the skateboard ramp, CBD workers resting on the grass for lunch, and countless more.

In 2021 the Cairns Regional Council spent $28 million on the Esplanade Dining Precinct to maximise the cities appeal.

CBRE Is please to present this rare offering on the most tightly held commercial strip.

Land Area: 400m²* + first floor balcony of 39m²*

Building Area:
Ground Floor - 351m²*
First Floor - 242m² + balcony of 39m²*
Total - 575m²* net lettable area

TENANT DETAILS

Ground Floor:
The Courtyard Bar and Restaurant
Lease Term - 5 + years
Lease commencement 29 September 2023

First Floor:
Iyara Thai Restaurant
Lease Term - 5 years (nil options remaining)
Lease commencement: 01 July 2023

Total Net Rental: $247,790