Knight Frank Cairns is pleased to present to market The Abbott Cairns Hotel Complex, 69-73 Abbott Street, Cairns City.
The Abbott Cairns comprises a bespoke boutique hotel complex and occupies a total site area of 1,025 square metres in the Cairns CBD tourist precinct. The total building area over the three levels is 2,453 sqm approximately. The ground floor is divided into retail tenancies including a fully fitted out restaurant which adjoins the hotel reception and lift lobby. The hotel rooms occupy levels 1 and 2 and consists of 33 fully refurbished rooms of various configurations.
The sellers are commercially minded and are offering the asset for sale by Expression of Interest, closing 4.00pm Thursday, 14 November 2024.
* Total land area 1,025 sqm
* Total building area 2,453 sqm
* 3 levels with lift access to the 33 room Abbott Cairns Hotel component
* Ground floor Chinese restaurant plus a further retail tenancy
* Hotel leased until 2044 (including options)
* Chinese restaurant leased until 2039 (including options)
For a copy of the Information Memorandum, please contact the exclusive agents directly.