13A Spence Street Cairns City QLD 4870
- 347 m²
- For Sale, Contact Agent
CBD Investment Opportunity
Knight Frank Cairns in conjuction with Colliers Cairns offer for sale the commercial freehold property located at 13A Spence Street, Cairns City.
Benefiting from its inner-city location, 13A Spence Street is a two level freestanding commercial building located on a busy sub-arterial road, strategically located close to the shopping strips of the CBD and the commercial hub of Cairns city. It is positioned between Lake and Abbott Streets, and is bounded by a mix of businesses including top legal offices, retail outlets, hotels and corporate identities. The property is also in close proximity to the dining strip of the Esplanade as well as the tourism precinct.
Located within the Cairns City Centre Local Plan Code area, designated as Principal Centre, the zoning provides for the highest order of retail, commercial, employment, residential, administrative, community, cultural, recreation and entertainment activities. Potential uses for the property would include retail, office, hospitality and entertainment.
This versatile, multipurpose building comprises a two level solid masonry block structure and is currently configured with retail on the ground floor and offices on level one. The level one tenancy comprises two separate offices and two large open plan areas, with the front of the tenancy overlooking Spence Street. NLA for level one is approximately 177 sqm.
The ground floor is configured for an open plan retail tenant of approximately 170 sqm. Each level has its own amenities and access, with accessibility to level one and the roof via two sets of stairs - one at the front of the building and the other by the rear of the building via the side lane. Access to the ground floor tenancy can also be gained via the rear of the building.
Benefiting from laneway easement access on Bank Lane, rear access is available for stock deliveries as well and secondary egress and ingress.
* 234 sqm approximately freehold, NLA 347 sqm approximately
* Substantial street frontage
* Prime CBD location
* Combination of retail (ground floor) and office space (1st floor)
* Major signage opportunity
13A Spence Street, Cairns City is for sale with vacant possession.
Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.
Knight Frank Cairns has been successfully operating for over 32 years and incorporates three departments into the one office: a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.
Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.