25 Spence Street,
Cairns City, QLD 4870
Hotel, Motel & Leisure • Shops & Retail
Price information
Sold
Range: $3,235,000 - $3,765,000
Key property information
Land area
Floor area
Sold on
Map of 25 Spence Street
Unique Development Opportunity
- Total area - 1392m2*
- Prime CBD location with 2 street frontag
- Substantial development opportunity
Offered to the market for the first time in decades, Colliers International Pty Ltd is pleased to offer this exciting development opportunity at 25 Spence St, Cairns for sale by Expression of Interest closing 25 July at 4pm.
The parcel consists of a two-level masonry block building with frontage to Lake Street and a single level steel frame brick and timber building fronting Spence Street over four titles. The properties have appeal for refurbishment or redevelopment, either separately or part of a larger surrounding development.
Situated in a prime CBD location, the property has street frontage to both Spence and Lake Streets and is in easy walking distance to the Esplanade, Cairns Central Shopping Centre and the Cairns Cruise Liner terminal.
The Lake Street facing building houses Cairns’ own “Hawker Alley” which currently receives a consistent income from the tenants who are renowned for their authentic, fresh, Asian food which draws customers from all over Cairns. With queues throughout the day, locals and visitors alike delight in partaking the culinary taste sensations available.
Property Highlights:
• Combined total area of 1392m2*
• Prime Cairns CBD location with two significant street frontages
• Substantial development opportunity
• Good on-street parking
• High pedestrian and vehicular traffic
• Immediate cash flow from existing tenancies
25 Spence St & 33 Lake St for sale by Expressions of Interest closing Tuesday 25 July at 4pm.
For a copy of the Information Memorandum please contact Stacey Quaid on 0418 773 2....
*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 Australia’s own global real estate success story.
The parcel consists of a two-level masonry block building with frontage to Lake Street and a single level steel frame brick and timber building fronting Spence Street over four titles. The properties have appeal for refurbishment or redevelopment, either separately or part of a larger surrounding development.
Situated in a prime CBD location, the property has street frontage to both Spence and Lake Streets and is in easy walking distance to the Esplanade, Cairns Central Shopping Centre and the Cairns Cruise Liner terminal.
The Lake Street facing building houses Cairns’ own “Hawker Alley” which currently receives a consistent income from the tenants who are renowned for their authentic, fresh, Asian food which draws customers from all over Cairns. With queues throughout the day, locals and visitors alike delight in partaking the culinary taste sensations available.
Property Highlights:
• Combined total area of 1392m2*
• Prime Cairns CBD location with two significant street frontages
• Substantial development opportunity
• Good on-street parking
• High pedestrian and vehicular traffic
• Immediate cash flow from existing tenancies
25 Spence St & 33 Lake St for sale by Expressions of Interest closing Tuesday 25 July at 4pm.
For a copy of the Information Memorandum please contact Stacey Quaid on 0418 773 2....
*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 Australia’s own global real estate success story.
Property ID: 502449790Last Updated: 13 Mar 2019
04187732...
25 Spence Street
Cairns City, QLD 4870
Colliers - Cairns35 Lake Street
CAIRNS CITY, QLD 4870
CAIRNS CITY, QLD 4870
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