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15A Aplin Street
Cairns City, QLD 4870
The Auction Event| In-Room at The Pullman
Overview
CBD Freehold with Retail + Dual Residential Income
Located in the vibrant heart of Cairns CBD, this exceptional three-level mixed-use property presents a unique opportunity to secure a versatile asset in a prime inner-city location. The property is strategically positioned along Aplin Street, nestled between Lake and Grafton Streets, just a stone's throw from the picturesque Cairns Esplanade. It is surrounded by a dynamic mix of major hotels, cafés, restaurants, and retail establishments, ensuring constant exposure to both locals and tourists alike. This makes it an outstanding investment with significant income potential and future growth prospects.
Property Highlights:
- Mixed-use zoning that accommodates both commercial and residential components.
- Prime CBD location with high foot traffic and excellent visibility.
- A three-level building that offers diversified income streams.
Ground Level - Commercial (Retail):
- Currently tenanted by the popular Cairns Burger Café.
- Features a front counter service area and a fully equipped commercial kitchen.
- Includes storage and pantry facilities.
- Enjoys a strong street presence in a bustling CBD position.
Level One - Residential Apartment:
- One-bedroom, one-bathroom apartment with open plan living, dining, and kitchen areas.
- Bedroom equipped with a built-in robe.
- Includes a storage room with integrated laundry facilities.
- Air-conditioning provided in both the living area and bedroom.
- Partly furnished and currently achieving a rental income of $440.00 per week until October 2026.
Level Two - Residential Apartment:
- Top floor one-bedroom, one-bathroom apartment featuring open plan living, dining, and kitchen areas.
- Includes an internal laundry and split system air-conditioning in both the living area and bedroom.
- Partly furnished and currently achieving a rental income of $465.00 per week until February 2027.
This property is ideal for investors seeking solid returns with long-term tenancies in place, or for buyers with the vision to enhance and capitalize on this prime location. It represents an outstanding opportunity to secure a foothold in Cairns' thriving CBD.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. While our best efforts have been made to ensure the information is accurate, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements contained herein. Prospective purchasers are encouraged to conduct their own inquiries to verify the information contained in this advertisement.
Location
Cairns City QLD 4870
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 97 |
| Floor Area | 97 sqm |
Market Insights for Cairns City QLD 4870
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