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Sold on 16 May 2019

73 Williams Esplanade Palm Cove QLD 4879

  • Shop & Retail
  • 400 m²
  • Sold, $1,700,000

Landmark Beachfront Commercial Freehold

    Offered for sale for the first time in 33 years representing a unique commercial investment, 73 Williams Esplanade, Palm Cove is one of the few remaining undeveloped beachfront freehold properties, enhanced by its unprecedented corner position.

    Palm Cove, recognised as Cairns premiere beachside destination, is located approximately 25 minutes north of the Cairns International Airport, an area which has long been the focus for both residential and commercial property investors pursuing the perfect mix of ideal weather, natural unspoiled beauty and relative affordability with potential for strong capital growth.

    Providing a combined passing income of $147,513pa* (GST excl), both commercial leases have just transitioned into their final 3-year option term, offering prospective purchasers not only the security of income derived from established traders, but the flexibility of time to consider the future vision for the property.

    Main features include:

    Prime beachfront commercial holding
    400m2* NLA over two levels
    $147,513pa* passing income
    Hold, refurbish or redevelop

    73 Williams Esplanade is offered for sale by Expressions of Interest closing Thursday 9 May 2019 at 4pm.

    For further information, please contact Jay Beattie on 0428 551 062 to request an information pack.

    *approximately

    Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australias own global real estate success story.

    EXPRESSION OF INTEREST

    Closing date and time09/05/2019 12:00
    Recipient nameJay Beattie
    Delivery addressColliers International Cairns at 4pm
    Jay Beattie
    Colliers International Cairns
    Jay Beattie
    Colliers International Cairns

    Property Highlights

    Property ID2015117955
    Date Sold16 May 2019
    Sold Price$1,700,000
    Floor Area400 m²
    Land Area579 m²
    Parking2 x Onsite parkings
    Category
    Last updated  22 Jul 2019
    Map for 73 Williams Esplanade Palm Cove QLD 4879
    Map for 73 Williams Esplanade Palm Cove QLD 487973 Williams Esplanade Palm Cove QLD 4879
    • Commercial loan calculator
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    Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.

    • Purchase price

      $
      1,700,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Jay Beattie
    Colliers International Cairns
    Jay Beattie
    Colliers International Cairns

    Property Highlights

    Property ID2015117955
    Date Sold16 May 2019
    Sold Price$1,700,000
    Floor Area400 m²
    Land Area579 m²
    Parking2 x Onsite parkings
    Category
    Last updated  22 Jul 2019
    Colliers International Cairns
    35 Lake Street Cairns QLD 4870
    Jay Beattie
    Colliers International Cairns
    Jay Beattie
    Colliers International Cairns

    Ask Jay Beattie about this property

    Jay Beattie

    Jay Beattie

    Colliers International Cairns

    +61 *** ***
    +61 042 855 1062

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