Calypso Plaza Bldg / Lot 120 ( shop ) & Lot 15 ( apartment ) Shop 10/53-57 The Esplanade Cairns City QLD 4870
$1,895,000.00

DESCRIPTION

Phone enquiries - please quote property ID 35383.

SHOP ( 67 sqm interior area )

HIGH FOOT TRAFFIC PRIME LOCATION IN THE HEART OF CAIRNS CBD NEXT TO MANTRA ESPLANADE HOTEL LOBBY

The shop is semi-divided at present, suitable for 2 businesses. The owner operates a travel shop and a luggage storage business.
Any other business is permitted in the shop that doesn’t contravene with the building by-laws. Any tourism-related business, any kind of retail and any type of food & drink-related business like cafes, wine bars, ice cream shops etc. Also any health, beauty or lifestyle business.
The shop has one car park on the 1st floor.
APARTMENT ( 144 sqm total area, 84 sqm interior + 60 sqm patio/balcony )

THOUGHT AFTER CBD APARTMENT CLOSE TO RESTAURANTS, WOOLWORTH, CAIRNS LAGOON, CAIRNS REEF FLEET TERMINAL, CRUISE SHIP TERMINAL, CASINO, NIGHT MARKET ETC

It is a 3rd-floor, dual-key, 2-bedroom, oceanfront apartment with a huge balcony in the same Calypso Plaza building as the shop. At the moment half the apartment is in the Mantra Esplanade hotel pool for income and the other half is used by the owner. Option to continue as is, place the whole into the hotel pool or live in the whole apartment. Car parking is on the 2nd floor. Access to all hotel amenities ( gym, pool etc ). Hotel occupancy is constantly high, year after year, 90%+. Calypso Plaza is a well-built building.

PURCHASING OPTIONS

1. WALK-IN / WALK-OUT & VACANT POSSESSION

2. WALK IN / WALK OUT - INCLUDING EXISTING TRAVEL BUSINESS

The travel shop has been operated by the owner since March 2002, Long, good relations and deals with all FNQ tour operators. Fairly easy to run business.

Note: The present owner would prefer to keep operating the travel shop at least until the end of 2025, then would vacate the shop but could vacate straight away if that's the wish of the purchaser.

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