133-135 Lake Street, Cairns City QLD 4870

Rare CBD Corner Holding | Multiple Income Streams | Development Potential

Positioned in the heart of Cairns North’s thriving CBD, this property presents a rare opportunity to secure a high-performing, income-generating commercial asset with multiple revenue streams. Set on a prominent 715m² corner allotment, this versatile property combines strong immediate cash flow with long-term upside.The property comprises six fully renovated one-bedroom motel-style rooms currently operating successfully, complemented by a leased massage parlour and an established car rental business downstairs- delivering diversified and consistent returns.

Offered as a going concern, this property is ideal for investors seeking an asset with immediate returns and future development potential (STCA). Its prime positioning ensures strong occupancy and business exposure, while the corner block enhances accessibility and visibility. With Cairns continuing to experience growth and demand, this is a strategic acquisition that blends stable income with the opportunity to redevelop or further enhance the site in the future.

STAND OUT FEATURES

-715m² prime corner block in a high-exposure CBD location.
-Upstairs has six fully renovated one-bedroom motel-style rooms each with ensuite and kitchenette making a great return.
– Downstairs has Car Rental Business running with off street parking and registered carwash bay.
– Massage parlour that is on ongoing lease.
-Large corner car park with additional undercover parking and drive through access.
-High-demand location with excellent occupancy potential.
-Flexible mixed-use asset with diverse income streams.
-Future redevelopment potential (STCA)
-Excellent accessibility, visibility, and proximity to Cairns CBD amenities.
-Sold as a going concern.
-IM available on request.

Please call JAN HOOGHE on 0406 520 941 or SEAN THORPE on 0431 052 490 for more information or to book your very own private inspection

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation for this advertisement, our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability concerning any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.