131 Lake Street,
Cairns City 4870, Queensland

David Murphy is pleased to present to the market 131 Lake Street Cairns City QLD 4870. The property is being offered for sale via Public Auction to be held at the Pullman Reef Hotel Casino, Cairns on Monday 11th November at 5:00pm.

Ideally located on the corner of Lake and Aplin Street with direct exposure to multiple international hotels and a major bus station, this property offers an opportunity for owner-occupiers and investors to renovate and repurpose into a high-yielding investment with commercial space on the ground floor and short-term holiday accommodation or commercial offices on the first floor.

The key attributes include:
• Prime Location: Located in the heart of Cairns CBD. The property has a huge corner frontage to Lake St and Aplin St with excellent exposure to all passing vehicular and pedestrian traffic.
• Flexible Zoning: The property is classified as "Principal Centre - City Centre Local Plan Area" under the Cairns Council Plan.
• Separate Titles: Three separately titled strata lots under one roof sold in one line.
• Mixed used: The ground floor was previously leased to two separate retail businesses by way of an internal dividing wall division with amenities located at the rear. The first floor offers accommodation with 6 bedrooms and all amenities ready for short-term stay accommodation or office spaces STCA.
• Occupy or Invest: Sold with vacant possession. This property is available to both occupiers and investors.
• Motivated Seller: The vendor is driven to sell making this property an unmissable opportunity.
• Don't let this remarkable opportunity slip through your fingers! Contact us today for further information and to secure this property.

Property features:
- Unit 1: 89sqm* ground floor commercial unit.
- Unit 2: 55sqm* ground floor commercial unit.
- Unit 3: 163sqm* first-floor unit previously operating as short-stay accommodation.

Location:
• Directly opposite Crystalbrook Bailey and multiple international hotels
• 300 metres to Cairns Esplanade
• 500 metres to Woolworths Cairns City
• 550 metres to Cairns Central Shopping Centre
• 10 minutes drive to Cairns Airport

For more information or to arrange a private inspection, please contact the exclusive agent David Murphy on 0402 838 608.

* Approx.

IN-ROOM AUCTION -
When: Monday, 11th November 2024
Where: The Reef Hotel Casino, Michaelmas Cay Ballroom
Time: From 5.00pm
Auctioneer: Gavin Croft

Secure your spot early! Pre-register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/eJbXG

Disclaimer:
RWC has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.