Built in 1968, purchased in 2013 by Esplanade Central Pty Ltd, and re-developed in 2019, the site has introduced a great addition to the Cairns Esplanade strip and Cairns commercial property market.
One of Cairns’ newest Hotel’s, Oaks Cairns Hotel, opened on 15 September 2020 on the prime corner location. Three levels were added to the building after undergoing a complete conversion into a five-storey hotel, including 76 guest rooms. Overlooking Cairns Esplanade Lagoon, in the heart of the central business district, the hotel opened up Oak & Vine Restaurant and bar, taking full advantage of its prime position and views.
59 The Esplanade is situated at the start of the brand new $28M Cairns Esplanade Dining Precinct opposite the parklands and swimming lagoon. The Esplanade and surrounding city blocks have a vast array of accommodation from 5-star hotels to self-contained apartments occupied by both travellers and full-time residents. A good mix of retail, food, boutiques and the Cairns Night Markets helps position the location as a popular spot for both locals and tourists alike.
Also, home to anchor tenants, McDonalds, NightOwl Convenience and Oaks Cairns Hotel, the commercial property brings great ambiance to tourists, locals and the Cairns Esplanade.
There are four vacancies on the ground floor of the building which are available shops to lease.
There are commercial leasing opportunities on the ground floor of the building in the prime esplanade location, with added advantage of drawing traffic from the existing popular anchor tenants McDonalds, NightOwl Convenience and Oaks Cairns Hotel
