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7, 73-75 Esplanade, Cairns, QLD 4870


Freehold Investment Opportunity - Prime Cairns Location

An exceptional opportunity to secure a freehold property with a brand new 3-year lease already in place, offering long-term security and peace of mind. The current lease includes two further 3-year options, ensuring potential income for years to come.

This is a rare chance to invest in a high-traffic location within the iconic Cairns Night Markets - a well-established and vibrant hub popular with both locals and tourists.

Whether you're an experienced investor or looking to enter the commercial property market, this offering represents a solid and dependable addition to your portfolio.

PROPERTY FEATURES:

• Zoning: Commercial
• Located in the Cairns Night Markets Food Court
• Centrally positioned near the Esplanade, the Lagoon, Cairns Marina and more
• Equipped with air conditioning
• Water access
• Gas access
• Grease trap
• Floor coverage
• Hot water services
• Mechanical exhaust

THE FIGURES:

• Body Corporate Fees: $9,988.86 approx. p/a
• Council Rates: 2,076.98 approx. p/a

TENANCY INFORMATION:

• Established food operator
• Rent Achieved: $72,000 + GST per annum
• Current lease, 3 (three) years + 2 options, each option is 3 (three) years (Lease period 01/12/2024 - 30/11/2027)

This property offers a stable income stream and a strategic position in a high-demand commercial hub. Whether you're an experienced investor or seeking to diversify your portfolio, this opportunity is not to be missed.

Act now-secure your place in the Night Markets. Contact Claudio today for more information.

A full information memorandum available upon request.

Disclaimer:
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property Info

Municipality
Cairns
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