"The Esplanade Collection" | One of Australia's Last Great Waterfront Development Opportunities

Opportunities of this scale, calibre and strategic significance are becoming exceptionally rare.

Occupying one of Cairns' most tightly held waterfront positions, this landmark freehold offering comprises four prime allotments with prized Esplanade frontage and valuable dual access through to Lake Street, delivering an extraordinary combined landholding of approximately 2,993m² in the very heart of Tropical North Queensland.

Positioned directly opposite the iconic Cairns Esplanade and only moments from the CBD, Marina, restaurants, entertainment precinct and the forthcoming $1 billion Cairns Hospital Expansion, this is a development opportunity underpinned by exceptional fundamentals and long-term capital growth.

Whether your vision is to immediately capitalise on the existing development approvals, landbank an irreplaceable waterfront holding, or create one of Cairns' next landmark residential addresses, opportunities of this magnitude are simply no longer being created.

The Opportunity:

239-245 Esplanade, Cairns North QLD 4870

Three adjoining Esplanade allotments comprising approximately 2,165m², with Development Approval in place for an architecturally designed residential tower comprising:
• 13-storey luxury apartment building
• 64 residences
• 58 x Two-bedroom apartments
• 6 x Premium three and four-bedroom penthouses
• Direct Esplanade frontage
• Exceptional ocean and parkland outlooks

252 Lake Street, Cairns North:

Positioned directly behind the Esplanade holdings with valuable rear street access, this 828m² allotment benefits from its own separate Development Approval comprising:
• 26 luxury residences
• 24 x Two-bedroom apartments
• 2 x Four-bedroom penthouses
• Nine-storey development
• Approved building height of 35.2 metres AHD
• Fully compliant with Airport Obstacle Limitation Surface requirements

The approved design incorporates premium resident facilities including expansive rooftop recreation areas, approximately 383m² of rooftop open space, extensive tropical landscaping and generous deep planting throughout the development.

Combined Landholding
• 239-241 Esplanade - 1,153m²
• 243 Esplanade - 458m²
• 245 Esplanade - 554m²
• 252 Lake Street - 828m²

Total Land Area
• Approximately 2,993m²

Why This Site Stands Apart
• Approximately 2,993m² of premium freehold land
• Rare dual-frontage holding spanning the Esplanade through to Lake Street
• Existing Development Approvals already in place
• Multiple development pathways available
• One of Cairns' largest waterfront development opportunities
• Walking distance to the Cairns CBD, Esplanade Lagoon, restaurants and Marina
• Positioned within the rapidly expanding health and medical precinct
• Immediate proximity to the forthcoming $1 billion Cairns Hospital Expansion
• Exceptional long-term population growth and infrastructure investment supporting future demand

Opportunities to secure a development site of this scale, flexibility and waterfront prominence are exceptionally scarce.

Whether developed immediately, repositioned to suit future market conditions, or held as a strategic long-term investment, this is a landmark acquisition capable of shaping the future skyline of Tropical North Queensland.

For further information, including Development Approval documentation, planning reports and an Information Memorandum, contact the exclusive marketing agents.

Inspections

Explore the area

School catchments

Cocos Islands District High School Combined K-10 Government 3,973.3km
Cocos Islands District High School - Home Island Campus Combined Government 3,973.3km
Christmas Island District High School Combined K-12 Government 4,126.2km
Christ the King Catholic School Combined PP-10 Catholic 5,745.5km
Exmouth District High School Combined K-12 Government 5,681.2km
One Arm Point Remote Community School Combined K-12 Government 5,751.5km
Dampier Primary School Primary K-6 Government 5,706.7km
Onslow School Combined K-12 Government 5,706.7km
Tambrey Primary School Primary K-6 Government 5,719.4km
Millars Well Primary School Primary K-6 Government 5,720.4km
Baynton West Primary School Primary K-6 Government 5,720.3km
Pegs Creek Primary School Primary K-6 Government 5,720.8km
St Luke's College Secondary 7-12 Catholic 5,721.0km
Karratha Senior High School Secondary 7-12 Government 5,721.2km
St Paul's Primary School Primary PP-6 Catholic 5,721.4km
Karratha Primary School Primary K-6 Government 5,721.7km
Sacred Heart School Combined PP-10 Catholic 5,768.0km
Roebourne District High School - Cheeditha Campus Combined Government 5,738.9km
Roebourne District High School Combined K-12 Government 5,741.8km
Kalumburu Remote Community School Combined K-12 Government 5,847.0km
Broome Senior High School Secondary 7-12 Government 5,819.5km
St Mary's College Secondary PP-12 Catholic 5,819.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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