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Cairns City QLD 4870

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Iconic Cairns Freehold Restaurant

Phone enquiries - please quote property ID 18980
Located on the Cairns Esplanade in a tightly held established restaurant precinct.
This is a unique opportunity to acquire a freehold restaurant business operating since 1977 (last 35 years under the same ownership).
Up to 190 seat capacity.
Turnover of $3.5M+ per annum.
Fully licensed.
Strata title freehold premises (359m2 + 90m2 exclusive use undercover street front outdoor dining area + 6 undercover carparks exclusive use).
Fully maintained plant and equipment (walk in walk out).
Owner/Operator due to retire.
This is a rare opportunity that does not present often.

Property Details for Contact Agent For Address, Cairns City

Building Type
Commercial

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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 3,286 properties.

    There are currently 38 properties listed for sale, and 31 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Cairns city.

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