122 Lake Street, CAIRNS CITY QLD 4870
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- 4 Mar 2017
Novotel Oasis Cairns
CBRE Hotels is proud to present the Novotel Cairns Oasis in the leading hotel growth market in Australia.
THE LARGEST LANDHOLDINGS IN CAIRNS CBD
• Largest landholding (1.23* hectares) in Cairns CBD, offers further development potential (STCA).
SECOND LARGEST HOTEL IN CAIRNS
• With 314 rooms, this is Cairns' second largest accommodation offering.
FINANCIAL NET RETURN TO INCOMING OWNER
• Strong performance with the ability to substantially increase net return.
• Vacant Possession is available upon sale.
UNRIVALLED LOCATION IN CAIRNS CBD
• The hotel is located in Cairns, the gateway to World Heritage listed Great Barrier Reef and The Daintree Rainforest, in an unrivalled location on Lake Street, adjoining the Cairns Aquarium development and one block from the Performing Arts Centre development.
CAIRNS - AUSTRALIA'S LEADING MAJOR HOTEL GROWTH MARKET
• Cairns is witnessing an impressive tourism rebound with record high visitor arrivals and double digit growth in RevPAR - up 12.6% Feb YTD according to STR.
Outlines on aerial image indicative only
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
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122 Lake Street CAIRNS CITY