120-124 Grafton St and 123-129 Lake St Cairns City QLD 4870

A rare opportunity to own one of the few remaining development sites in the CBD.

The site is a combination of five titles comprising a total area of 5,065 sqm. Three titles on Lake Street have a frontage of approximately 60 metres, (incorporating part of Cairns Regional Council upgrades and city bus interchange), and two titles facing Grafton Street have a frontage of approximately 40 metres. The site has a multitude of uses and applications. Currently the three titles facing Lake Street and one facing Grafton Street are leased by Cairns Regional Council. The final title on Grafton Street comprises a single storey industrial style dwelling.

The property is in an outstanding location, midway between the Esplanade waterfront precinct and Cairns Central Shopping Centre, within close proximity to all retail and commercial aspects of the CBD, as well as the wharf area and all tourism facilities.

* Five titles comprising a total area of 5,065 sqm
* Three titles with Lake Street frontage of approximately 60 metres
* Two titles facing Grafton Street with a frontage of approximately 40 metres
* Currently leased with holding income
* Suit multiple uses including residential or office
* Centrally located between Cairns Central Shopping Centre and the Esplanade