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.
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