FOR SALE
$1,990,000

Shop 10/53-57 The Esplanade
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 211m2
Land area: 67m2
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CAIRNS ESPLANADE RETAIL SHOP & 2 BR OCEANVIEW APARTMENT FOR SALE

Phone enquiries - please quote property ID 35383.
SHOP ( 67 sqm interior area )
HIGH FOOT TRAFFIC PRIME LOCATION IN THE HEART OF CAIRNS CBD NEXT TO MANTRA ESPLANADE HOTEL LOBBY
The shop is semi-divided at present, suitable for 2 businesses. The owner operates a travel shop and a luggage storage business.
Any other business is permitted in the shop that doesn’t contravene with the building by-laws. Any tourism-related business, any kind of retail and any type of food & drink-related business like cafes, wine bars, ice cream shops etc. Also any health, beauty or lifestyle business.
The shop has one car park on the 1st floor.
APARTMENT ( 144 sqm total area, 84 sqm interior + 60 sqm patio/balcony )
THOUGHT AFTER CBD APARTMENT CLOSE TO RESTAURANTS, WOOLWORTH, CAIRNS LAGOON, CAIRNS REEF FLEET TERMINAL, CRUISE SHIP TERMINAL, CASINO, NIGHT MARKET ETC
It is a 3rd-floor, dual-key, 2-bedroom, oceanfront apartment with a huge balcony in the same Calypso Plaza building as the shop. At the moment half the apartment is in the Mantra Esplanade hotel pool for income and the other half is used by the owner. Option to continue as is, place the whole into the hotel pool or live in the whole apartment. Car parking is on the 2nd floor. Access to all hotel amenities ( gym, pool etc ). Hotel occupancy is constantly high, year after year, 90%+. Calypso Plaza is a well-built building.
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Property Details for Shop 10/53-57 The Esplanade, Cairns City

Building Type
Commercial
Floor Size
211m2
Land Size
67m2

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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 3,424 properties. Over the last 5 years, Houses in Cairns City have seen a 25.88% increase in median value, while Units have seen a 46.31% increase. As at 28 February 2025:

  • The median value for Houses in Cairns City is $491,596 while the median value for Units is $514,439.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 40 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.