Added 4 days ago
90-92 Lake Street,
Cairns City, QLD 4870
Shops & Retail • Offices
Added 4 days ago
Price information
Sale
Contact Agent
Key property information
Floor area
Private inspections
to arrange a private inspection.
Map of 90-92 Lake Street
Train stations within 5 km of 90-92 Lake Street, Cairns City, QLD 4870 Distance Cairns 672 m Portsmith Station 3.1 km POWERED BY HERE ©Bus stops within 5 km of 90-92 Lake Street, Cairns City, QLD 4870 Distance Spence Street at Grafton St 285 m Cairns Central Shopping Centre 568 m Florence Street at Sheridan Street 610 m Greyhound Bus Stop Cairns 652 m Lake Street at Cairns Private Hospital 826 m POWERED BY HERE ©
POWERED BY HERE ©
CAIRNS LANDMARK CBD CORNER - LAKE & SHIELDS STREET
CBRE Cairns and Cairns Commercial Property as joint agents are pleased to present this outstanding opportunity to purchase the Mazlin Building, located at 90-92 Lake Street (corner Shields Street), Cairns City.
Arguably the best retail corner in the CBD, the Mazlin Building commands a huge presence to the streetscape of Shields and Lake Streets, with strong frontage to both. Rarely such corners become available for sale and this two-level retail/commercial opportunity is a true landmark position.
LOCATION:
The property occupies one of Cairns CBD’s most prominent corners right in the centre of Cairns City and the heart of the retail and tourist precinct. Shields Street is the main pedestrian thoroughfare between Cairns Central Shopping Centre and the iconic Cairns Lagoon and Esplanade.
SITE AREA: 580m²
IMPROVEMENTS:
- Total lettable area of 961m² - spanning over two-levels.
- Ground floor lettable area is 543m² - which is configured into four (4) retail shops
- Level 1 has a lettable area is 418m² - which is configured into two (2) tenancies, together with a common area which includes separate individual amenities for all tenants as well as one storeroom and the main services cupboards for the building.
CURRENT PASSING INCOME: $131,517 approx.
THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST
Closing Wednesday 24th July 2024 @ 5PM.
*areas are approximate only
Arguably the best retail corner in the CBD, the Mazlin Building commands a huge presence to the streetscape of Shields and Lake Streets, with strong frontage to both. Rarely such corners become available for sale and this two-level retail/commercial opportunity is a true landmark position.
LOCATION:
The property occupies one of Cairns CBD’s most prominent corners right in the centre of Cairns City and the heart of the retail and tourist precinct. Shields Street is the main pedestrian thoroughfare between Cairns Central Shopping Centre and the iconic Cairns Lagoon and Esplanade.
SITE AREA: 580m²
IMPROVEMENTS:
- Total lettable area of 961m² - spanning over two-levels.
- Ground floor lettable area is 543m² - which is configured into four (4) retail shops
- Level 1 has a lettable area is 418m² - which is configured into two (2) tenancies, together with a common area which includes separate individual amenities for all tenants as well as one storeroom and the main services cupboards for the building.
CURRENT PASSING INCOME: $131,517 approx.
THIS PROPERTY IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST
Closing Wednesday 24th July 2024 @ 5PM.
*areas are approximate only
Property ID: 504694684Last Updated: 23 Sep 2024
Cairns Commercial Property - Cairns
Level 4 Citi Central 46-48 Sheridan StreetCAIRNS CITY, QLD 4870
0418 456 5...
90-92 Lake Street
Cairns City, QLD 4870
Cairns Commercial Property - CairnsLevel 4 Citi Central 46-48 Sheridan Street
CAIRNS CITY, QLD 4870
CAIRNS CITY, QLD 4870
More properties from Cairns Commercial Property - Cairns
Other properties you might be interested in based on the location and property type you are looking at.
$590,000
Lots 8 & 9, 21 Lake Street,Cairns City, QLD 4870 181 m²Offices • Shops & Retail • Warehouse, Factory & Industrial
