Blue chip CBD location offers double the value
A SUPERBLY positioned double shopfront is available in the heart of Cairns, ideal for any jewellery retailer or business looking to make the space their own.
The two shops combined as one at 53-57 Esplanade, Cairns City, sit directly opposite the lagoon, promising busy foot traffic and tourists looking to spend. The 111 sqm property boasts a high end fit-out of glass and wood panelling designed to display rings, necklaces, watches and more.
Realtor Jay Beattie of CBRE said while the fit-out was ideal for jewellery retailers, the property’s location, versatility, and $845,000 price tag made it attractive for many businesses.
“Tourism and retail would be ideal for the location, and having the option for two different shopfronts on to the Esplanade would suit a lot of businesses,” Mr Beattie said.
“Hospitality could also work – restaurants in that area always do pretty well.
“It’s about grabbing something right here, right now, that’s really attractively priced, rather than something for way more down the track.
“The listed price is attractive, most of the property sells for more than a million dollars along the Esplanade. That’s mainly because we recognise that unless you’re a jewellery retailer, you’re going to spend some money refitting the shop.”
The shop sits between Spence and Shields streets at the base of the Mantra Esplanade hotel.
It is surrounded by a cluster of six international hotels and sits ensconced by the Cairns
Gallery Precinct, currently being developed by the local council which promises to draw more visitors to the area.
The property comes with two off-street, undercover allocated car parks – one for each of the shops if they were split into two.
Under the current fit-out, entrances lead from both the Esplanade and the Mantra lobby to the double display room.
Attractively curved glass display cabinets line the edge of the room, with island counters in the centre.
There are areas for private and semi-private meetings, and behind-the-scenes an office and staffroom complete the property’s offerings.
The shop is vacant and ready for business immediately after sale.
Interested parties should contact CBRE for more details.