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131 Lake Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 307m2
Land area: 185m2
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Versatile Retail Space Available | Ideal Location for a Convenience Store, Restaurant, or Office

This is an ideal hub for a small business (owner-occupiers or tenants) to either relocate their existing business or commence a new venture. Exuding a vibe that it is a timely opportunity for entrepreneurs to get on board and capitalise. Ideally located on the corner of Lake and Aplin Street next to the recently renovated main bus station hub, this property offers a multitude of business opportunities. The ground floor previously presented its self to two separate retail businesses by way of internal dividing wall division with amenity's located at the rear - ideal for restaurant/ café; or add a convenience store to cater to prominent bus stop.
The first floor offers accommodation with 6 bedrooms (occupancy permit required) and all amenities ready for tenants or office spaces. With low vacancy rates and city locality this would provide a consistent income stream for years to come. This locality frequently lends itself as an ideal choice for transient people on the "GO", an affordable option for those in search of close city proximity or as a rental investment bound to be occupied continuously. This property is character filled with loads of potential appealing to owner occupiers, investors and holiday makers alike.
Facts:
- Unit:1 (Aplin St) - 89 sqm ground floor retail space
- Unit: 2 (Lake St) - 55sqm ground floor retail space
- 163 sqm first floor previously operating as short stay accommodation: 6 bed, 2 bath, kitchen, laundry.
- Two separate balconies off bedrooms.
Accommodation:
- Requires occupancy Permit - due diligent searches recommended.
- Master bedroom includes: ensuite and private balcony
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Property Details for 131 Lake St, Cairns City

Building Type
Commercial
Floor Size
307m2
Land Size
185m2

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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,281 properties.

    There are currently 37 properties listed for sale, and 28 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Cairns city.

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    Ray Murphy
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    Ray White Cairns
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