Prime real estate in the heart of Cairns ONLY High Street Address – Collins Avenue Edge Hill.
Divorce causes sale of this highly sought-after key corner shopping and office centre site. Enjoy 7% + returns with two significant uplifts available to the buyer. A simple facelift renovation to contemporary design standards (already past architectural concept planning) which will raise the rental returns. Or amalgamate sites for a truly significant development or utilise the current town plan to increase density and height on the land.
Edge Hill is a vibrant community and home to the locally famous café precinct. This site is a short stroll to the World famous heritage listed Botanic Gardens. The site is a development dream and sits proud with maximum exposure on Collins Avenue.
This site has only changed hands TWICE in 32 years and has always been a prized and tightly held asset
Edge Hill is a leafy suburb known for it’s lifestyle and close proximity to the Cairns International Airport, CBD and Edge Hill state school catchment zone. The area is a sought after suburb by Professionals and families alike.
Regrettable sale of one of the few onsite retail centres in the area. Don't delay and miss this opportunity! Call James NOW for more information and to arrange your inspection m) 0477 400 800
*Some images depict artist impression of proposed architectural refurbishment