- 38 sqm Land size
- 27 sqm Building area
Property Details
- Price
- Offers from $299,000
- Address
- Lot 70, 71 & 72 /71-75 Esplanade
- Suburb
- CAIRNS CITY
- State
- QLD
- Postcode
- 4870
- Car spaces
- 0
- Land size
- 38
- Building area
- 27
- Listing reference
- commercial10573
About this property
When calling, please use enquiry code 510573
A rare opportunity to purchase THREE commercial shop lots together in a prominent corner position within the iconic Cairns Night Markets, in the heart of Cairns’ tourism precinct.
The current owner has successfully operated a gift and souvenir business from this location for approximately 15 years and is now retiring to be closer to family.
This is primarily a commercial property sale, with the added option for a purchaser to take over the established business at no additional goodwill cost.
PRIME CORNER POSITION
The sale comprises three commercial shop lots, offered together.
Approximate area:
27 m total internal area
Plus approximately 11 m additional external/use area
The shops enjoy a highly visible corner position within the Cairns Night Markets, with passing tourist and local foot traffic.
Existing retail fit-out and lighting are included, and the Night Markets complex is fully air-conditioned.
ICONIC CAIRNS TOURISM LOCATION
Located close to the Cairns Esplanade and surrounded by hotels, restaurants, bars, accommodation and tourism operators, the Night Markets are positioned in one of Cairns’ best-known visitor precincts.
The Night Markets trade 7 nights a week, while the shops also have the flexibility to trade during the daytime.
FLEXIBLE COMMERCIAL USE
The three shops provide excellent flexibility for a wide range of business concepts, including:
Retail, gifts & souvenirs
Travel agency & tourism services
Office & professional services
Beauty, nails, massage & personal services
Food, takeaway, cafe or restaurant
Specialty retail and other commercial uses
For food or restaurant operators, the premises can be fitted out to suit the proposed operation, subject to applicable approvals.
ESTABLISHED 15-YEAR BUSINESS – OPTIONAL, NO GOODWILL COST
For a purchaser who would like to continue the current gift and souvenir operation, the owner is prepared to include the established business with the property purchase at no additional goodwill cost.
The business has operated successfully from this location for approximately 15 years.
There is no separate purchase price for goodwill.
Existing saleable stock/inventory can be purchased separately at an agreed value.
This gives a purchaser the choice to:
Buy the property and start their own business;
Buy as an investment and explore leasing opportunities; or
Take over an established 15-year business without paying additional goodwill.
VACANT POSSESSION AVAILABLE
If the existing business is not required, the three shops are available with vacant possession, giving the purchaser the freedom to establish their own operation or explore leasing the premises.
For an owner-operator, this is an opportunity to own your commercial premises rather than continue paying rent.
APPROXIMATE OUTGOINGS
Water Rates: 3 x $38 p/q approx
Council Rates: 3 x $457 p/q approx
Body Corporate / Strata: 3 x $1,559 p/q approx
Figures are approximate, and purchasers should make their own enquiries.
GENUINE RETIREMENT SALE
OPTION 1 – PROPERTY ONLY
Purchase all three commercial shops with vacant possession.
OPTION 2 – PROPERTY + ESTABLISHED BUSINESS
Purchase all three shops and take over the established gift and souvenir business at no additional goodwill cost, with saleable stock purchased separately at an agreed value.
A rare opportunity to own three commercial shops in the heart of Cairns’ tourism precinct.
Serious enquiries from owner-occupiers, investors and business operators are welcome.
Please enquire through this listing for further information or to arrange an inspection.
When calling, please use enquiry code 510573
Floor plan
Location map
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