BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:LANDMARK CAIRNS CBD INVESTMENT | 12 TENANCIES | $697\,582* NET INCOME\nCushman & Wakefield Investment Sales is pleased to present 22 Spen ce Street in Cairns to the market for sale a fully leased landmark CBD in vestment offering diversified income\, rental growth and long-term strateg ic value within one of Queensland's premier tourism and lifestyle markets. \n\nStrategically positioned with dual street frontage in the Cairns city centre\, the property benefits from immediate proximity to the city's majo r retail\, tourism\, entertainment and civic infrastructure\, including Ca irns Central Shopping Centre\, the Cairns Esplanade\, Reef Hotel Casino\, Cairns Convention Centre and waterfront precinct.\n\nINVESTMENT HIGHLIGHTS \n- Fully Leased Landmark CBD Investment\n- Diversified mix of retail\, ho spitality and entertainment occupiers\n- 3.60-year WALE by income and 3.73 years by area\n- Majority of leases incorporating fixed 4.0% annual renta l increases\n- No single tenancy contributes more than approximately 21% o f passing income\n- Substantial 1\,702m² Cairns CBD landholding*\n- Appro ximately 1\,919m² of net lettable area*\n- Prominent dual-frontage corner position\n- Landmark heritage-era building dating from circa 1914\n- Prin cipal Centre zoning\n- Embedded value-add potential through future rental reversion and improved outgoings recovery\n- Immediate proximity to Cairns Central\, the Esplanade\, Reef Hotel Casino\, Cairns Convention Centre an d waterfront\n- Exposure to the continued growth of Far North Queensland's principal commercial and tourism gateway\n\nNet Passing Income: $697\,582 *\n\n22 Spence Street represents a rare opportunity to acquire a fully lea sed Cairns CBD investment that offers diversified cash flow\, annualised r ental growth\, an irreplaceable corner position and genuine long-term valu e-add optionality.\n\nThe property is offered for sale via Expressions of Interest closing 4:00pm Wednesday the 16th of September 2026 (AEST).\n\nF or further information\, access to the due diligence material or to arrang e an inspection\, please contact the exclusive marketing agents.\n\n*Appro ximate. DTEND:20260916T160000 DTSTAMP:20260819T082148Z DTSTART:20260916T160000 LOCATION: SEQUENCE:0 SUMMARY:Expression Of Interest: 22 Spence Street\, Cairns QLD UID:CRE-2021085486-EOI X-ALT-DESC;FMTTYPE=text/html:

LANDMARK CAIRNS CBD INVESTMENT | 12 T ENANCIES | $697\,582* NET INCOME
Cushman & Wakefield Investment Sale s is pleased to present 22 Spence Street in Cairns to the market for sale a fully leased landmark CBD investment offering diversified income\, rent al growth and long-term strategic value within one of Queensland's premier tourism and lifestyle markets.

Strategically positioned with dual street frontage in the Cairns city centre\, the property benefits fr om immediate proximity to the city's major retail\, tourism\, entertainmen t and civic infrastructure\, including Cairns Central Shopping Centre\, th e Cairns Esplanade\, Reef Hotel Casino\, Cairns Convention Centre and wate rfront precinct.

INVESTMENT HIGHLIGHTS
- Fully Leased L andmark CBD Investment
- Diversified mix of retail\, hospitality and entertainment occupiers
- 3.60-year WALE by income and 3.73 years b y area
- Majority of leases incorporating fixed 4.0% annual rental i ncreases
- No single tenancy contributes more than approximately 21% of passing income
- Substantial 1\,702m² Cairns CBD landholding* < br/> - Approximately 1\,919m² of net lettable area*
- Prominent dua l-frontage corner position
- Landmark heritage-era building dating f rom circa 1914
- Principal Centre zoning
- Embedded value-add potential through future rental reversion and improved outgoings recovery
- Immediate proximity to Cairns Central\, the Esplanade\, Reef Hotel Casino\, Cairns Convention Centre and waterfront
- Exposure to the continued growth of Far North Queensland's principal commercial and touris m gateway

Net Passing Income: $697\,582*

22 Spen ce Street represents a rare opportunity to acquire a fully leased Cairns C BD investment that offers diversified cash flow\, annualised rental growth \, an irreplaceable corner position and genuine long-term value-add option ality.

The property is offered for sale via Expressions of In terest closing 4:00pm Wednesday the 16th of September 2026 (AEST).

For further information\, access to the due diligence material or t o arrange an inspection\, please contact the exclusive marketing agents. < br/>
*Approximate.

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