Attributes
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Asset Description
JLL Metro Sales & Investments QLD are pleased to present to market ‘Abbott & Esplanade’, located at 149-153 Esplanade & 132 Abbott Street, Cairns.
Key attributes of this outstanding opportunity include;
Investment Highlights
- One of the last remaining development sites of significance with uninterrupted ocean views
- Sizeable 2,543sqm land parcel with over 100m* of dominant street frontage
- Enviable positioning within close walking distance to a range of established dining, retail and lifestyle amenity
- Favourable zoning parameters supports an array of development outcomes including residential, retirement facility and hotel/short term accommodation
- Rare maximum building height of 14 storeys (STCA)
- Strategically located adjacent to the Cairns Private Hospital and a stone’s throw to Cairns Public Hospital
- Existing improvements allow the incoming purchaser to derive a substantial income stream prior to development
For Sale via Expressions of Interest closing Wednesday, 1 June 2022 at 4:00pm.