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DESCRIPTION:THE CONSERVATORY CAIRNS\nCommercial and retail laneway in the h
 eart of the CBD\n\nRefurbishment Project Opportunity\n\nPerfectly position
 ed commercial opportunity with multiple refurbishment/repositioning opport
 unities.\n\nThe existing building known as 'The Conservatory' was construc
 ted in 1989.  It comprises a ground and first level walkway linking Abbott
  and Lake Streets with office accommodation on the upper level with a cent
 ral atrium linking the levels.  The complex features attractive 'tropical 
 colonial' Architectural style typical of the North Queensland region.\n\nP
 roperty Description:\n- Situated in a prime location within the Cairns CBD
  near the waterfront and central to cruise terminal\, Convention Centre\, 
 reef terminal and all major hotels.  The position of this property cannot 
 be understated.\n- Building has frontages to both Abbott and Lake Streets\
 n- Property includes some retail and commercial space\n- 35 tenancies over
  2 levels\n- Future development land parcel with code assessable capacity 
 for 16 storeys\n- Short-term leases to all existing retail and commercial 
 tenants\n- Currently 78% occupied at average gross rental of $258/m²\n\nT
 he subject property comprises a two level semi-modern colonial style retai
 l arcade development located within the Cairns CBD.  The building has a to
 tal of 35 tenancy areas.  The property provides a basic standard of commer
 cial accommodation.  The property is in need of extensive renovation and u
 pgrade\, hence the opportunity for the next owner.\n\nFor more detailed in
 formation regarding this listing\, please contact the agent.
DTEND:20261106T160000
DTSTAMP:20261001T014146Z
DTSTART:20261106T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 9 Abbott Street & 12-14 Lake Street\, Cairn
 s City QLD
UID:CRE-2021200911-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>THE CONSERVATORY CAIRNS <br/> Commerc
 ial and retail laneway in the heart of the CBD\n <br/> \n <br/> Refurbishm
 ent Project Opportunity\n <br/> \n <br/> Perfectly positioned commercial o
 pportunity with multiple refurbishment/repositioning opportunities.\n <br/
 > \n <br/> The existing building known as 'The Conservatory' was construct
 ed in 1989.  It comprises a ground and first level walkway linking Abbott 
 and Lake Streets with office accommodation on the upper level with a centr
 al atrium linking the levels.  The complex features attractive 'tropical c
 olonial' Architectural style typical of the North Queensland region.\n <br
 /> \n <br/> Property Description:\n <br/> - Situated in a prime location w
 ithin the Cairns CBD near the waterfront and central to cruise terminal\, 
 Convention Centre\, reef terminal and all major hotels.  The position of t
 his property cannot be understated.\n <br/> - Building has frontages to bo
 th Abbott and Lake Streets\n <br/> - Property includes some retail and com
 mercial space\n <br/> - 35 tenancies over 2 levels\n <br/> - Future develo
 pment land parcel with code assessable capacity for 16 storeys\n <br/> - S
 hort-term leases to all existing retail and commercial tenants\n <br/> - C
 urrently 78% occupied at average gross rental of $258/m²\n <br/> \n <br/>
  The subject property comprises a two level semi-modern colonial style ret
 ail arcade development located within the Cairns CBD.  The building has a 
 total of 35 tenancy areas.  The property provides a basic standard of comm
 ercial accommodation.  The property is in need of extensive renovation and
  upgrade\, hence the opportunity for the next owner.\n <br/> \n <br/> For 
 more detailed information regarding this listing\, please contact the agen
 t.</P></body></html>
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