196A-196B SHERIDAN STREET, Cairns North, QLD 4870

The Gateway to Cairns' Next Billion-Dollar Health Boom

Prominently positioned on the fringe of the Cairns CBD, 196A Sheridan Street presents a blue-chip commercial opportunity with exceptional strategic upside. Located directly adjacent to the $1 billion Cairns Hospital Master Plan expansion, this site is ideally positioned at the heart of the region's emerging health, research, and innovation precinct.

With the upcoming multi-storey Health Innovation & Surgical Centre, staff management hub, and new James Cook University facilities transforming the immediate area, this property offers outstanding potential for owner-occupiers, developers, and investors alike.

Ideal uses include:

• Allied health and specialist medical practices
• Consulting suites and professional services
• Dental and radiology clinics
• Corporate and administrative offices
• Car rental, vehicle detailing and fleet management businesses

In commercial real estate, visibility is everything. Positioned directly on Sheridan Street-the major thoroughfare connecting Cairns Airport to the CBD-this property benefits from exceptional daily traffic exposure.

Bonus Branding Opportunity: The property features a substantial high-impact billboard fronting Sheridan Street, providing outstanding brand exposure and eliminating the need for costly external advertising.

Flexible Configuration with Immediate Holding Income Potential
Previously operating as a successful car rental depot, the property offers exceptional flexibility and currently comprises two separate self-contained units, each featuring:
• Two spacious bedrooms/consulting rooms
• One bathroom
• Independent amenities and adaptable internal layouts

For Developers and Investors: The dual-unit configuration provides an excellent opportunity to generate holding income while finalising development approvals or future plans.

For Owner-Occupiers: The existing layout readily adapts to reception areas, administration offices, and private consulting rooms, complemented by extensive rear hardstand and covered under-house parking suitable for staff and client use.

Offered For Sale or Lease with Flexible Terms

The owner is motivated and prepared to meet the market, offering flexibility to suit a range of acquisition strategies.

For Purchasers: Available for sale as-is, providing a blank canvas for repositioning, medical fit-out, or future redevelopment.

For Tenants: Available for lease with attractive landlord incentives available for suitable long-term occupants, including potential refurbishment contributions and rent-free periods.

Key Highlights
• Prime CBD fringe location adjacent to the $1 billion Cairns Hospital redevelopment
• Exceptional Sheridan Street exposure with dedicated billboard signage
• Dual tenancy configuration offering immediate income potential
• Existing commercial wash bay ideal for vehicle rental, detailing and fleet operations
• Flexible layouts suited to medical, professional, and commercial uses
• Extensive hardstand and undercover parking/storage areas
• Offered for sale or lease with flexible commercial terms and incentives

Secure your position alongside one of Far North Queensland's largest infrastructure and healthcare expansion projects.

Contact the team at Ray White Cairns today to arrange an inspection or request an Information Memorandum.

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.