2/99 Esplanade Cairns City, 4870 QLD

Prime Cairns Esplanade Opportunity

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Prime Cairns Esplanade Investment Opportunity

This exceptional commercial allotment is positioned on the bustling Cairns Esplanade - a tightly held and highly sought-after dining and retail destination. Currently leased to national franchise Hello Harry's, the property offers investors a secure income stream in one of Cairns' most vibrant precincts.

Investment Highlights:

*Secure, high-yielding investment with established national tenant
*Located in the tightly held Esplanade dining precinct
*Benefitting from the $28 million Cairns Esplanade refurbishment
*Two carparks on title

Lease Details:

*Net Lettable Area: 98 m²
*Lease Term: 5 + 5 + 5 years
*Commencement: 15 November 2021
*Expiry: 15 November 2031
*Annual Reviews: CPI
*Market Review: 15 November 2026
*Gross Rent: $140,000 + GST (inclusive of outgoings)

This is a rare opportunity to secure a blue-chip investment on Cairns' iconic waterfront. With a long-term national tenant in place, strong rental returns, and future upside in a premium location, the property represents a strategic addition to any investment portfolio.

Information Memorandum available upon request.

For Sale Offers Over $1,550,000

Inspect

Inspection of this property is available strictly by arrangement only.

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