Prime Esplanade Land
Key Esplanade position, 231 the Esplanade provides a rare opportunity to secure one of the last remaining undeveloped parcels on the Cairns waterfront.
The property has current development approval for three luxury apartments, each occupying an entire level which remains current until 2020. Concept plans and drawings are included in the sale.
Alternatively, recent town planning changes may allow for greater development heights which potentially could allow for more intensive densities and high rise buildings to cater for short term accommodation or holiday let complexes.
The property currently is improved with a highset Queenslander dwelling however this will be removed from site at the owners cost prior to settlement.
• Cairns Esplanade frontage
• 765m2* Freehold Parcel
• Located within accommodation and lifestyle precinct
• Current Development Approval valid to June 2020
• Potential for more intensive development (STCA)
The property is offered for sale by Expression of Interest, with offers sought over $2 million.
For further details, contact Stacey Quaid and Jay Beattie of Colliers International.
Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australia's own global real estate success story.