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    Dubbed “The Esplanade Collection”, the landmark site spans 2,993sqm across four contiguous freehold allotments.

    The sale is being handled by Ray White Cairns director David Murphy, with expressions of interest closing on 21 September.

    “Opportunities of this scale, calibre, and strategic significance are becoming exceptionally rare,” Mr Murphy said.

    “This is a super-site.

    “Occupying one of Cairns' most tightly held waterfront positions, this site gives a buyer the ultimate flexibility - whether that means immediately capitalising on the existing approvals, repositioning the mix, or landbanking an irreplaceable waterfront footprint.”

    The substantial holding features coveted dual-street frontage extending all the way from The Esplanade through to Lake Street.

    The prime parcel comes complete with two separate, existing development approvals covering up to 90 luxury residential residences. 

    The primary Esplanade component covers 2,165sqm across three allotments and holds approval for a 13-storey luxury tower featuring 58 two-bedroom apartments and six premium oceanfront penthouses.

    Positioned directly behind, the 828sqm Lake Street block is approved for a nine-storey, 26-unit building reaching 35.2 metres AHD, fully compliant with airport height limits. Designed with tropical lifestyle in mind, the combined scheme incorporates approximately 383sqm of open rooftop recreation space alongside deep planting and lush landscaping.

    Positioned within easy walking distance of the Cairns CBD, Marina precinct, and directly opposite the iconic Esplanade parklands, the site's long-term growth story is further underpinned by its immediate proximity to the incoming $1 billion Cairns Hospital expansion.

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