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Backpackers / Hostel Redevelopment Site - Grafton St Frontage

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Grafton St Frontage Commercial Building / Dormitories
  • #151Property ID:
  • 78Bed
Grafton St
Cairns QLD 4870
$1.55m

MAKE ENQUIRY
An opportunity to purchase commercial freehold in a prime central location in the Cairns City CBD ; two streets from the Esplanade and Casino, within 500m from the centre of the Cairns City Mall.

Situated on a 1,012m2 block with 20m frontage to Grafton St with a traditional commercial building of 306m2 and a second rear dwelling of 502m2, currently operating and registered as a 78 bedroom backpacker / accommodation hostel. Recently upgraded to meet power and fire safety requirements. This Grafton St site has high-rise multi-storey redevelopment potential or alternatively the property could be run as commercial offices / training / accommodation re students.

Price $1.55m

Grant Freeman 0417 159 357 (Intl +61 417159357)

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