239 - 245 Esplanade & 252 Lake Street CAIRNS NORTH, QLD 4870

Opportunities of this scale, calibre and strategic significance are becoming exceptionally rare.

Occupying one of Cairns' most tightly held waterfront positions, this landmark freehold offering comprises four prime allotments with prized Esplanade frontage and valuable dual access through to Lake Street, delivering an extraordinary combined landholding of approximately 2,993m² in the very heart of Tropical North Queensland.

Positioned directly opposite the iconic Cairns Esplanade and only moments from the CBD, Marina, restaurants, entertainment precinct and the forthcoming $1 billion Cairns Hospital Expansion, this is a development opportunity underpinned by exceptional fundamentals and long-term capital growth.

Whether your vision is to immediately capitalise on the existing development approvals, landbank an irreplaceable waterfront holding, or create one of Cairns' next landmark residential addresses, opportunities of this magnitude are simply no longer being created.

The Opportunity:

239-245 Esplanade, Cairns North QLD 4870

Three adjoining Esplanade allotments comprising approximately 2,165m², with Development Approval in place for an architecturally designed residential tower comprising:
• 13-storey luxury apartment building
• 64 residences
• 58 x Two-bedroom apartments
• 6 x Premium three and four-bedroom penthouses
• Direct Esplanade frontage
• Exceptional ocean and parkland outlooks

252 Lake Street, Cairns North:

Positioned directly behind the Esplanade holdings with valuable rear street access, this 828m² allotment benefits from its own separate Development Approval comprising:
• 26 luxury residences
• 24 x Two-bedroom apartments
• 2 x Four-bedroom penthouses
• Nine-storey development
• Approved building height of 35.2 metres AHD
• Fully compliant with Airport Obstacle Limitation Surface requirements

The approved design incorporates premium resident facilities including expansive rooftop recreation areas, approximately 383m² of rooftop open space, extensive tropical landscaping and generous deep planting throughout the development.

Combined Landholding
• 239-241 Esplanade - 1,153m²
• 243 Esplanade - 458m²
• 245 Esplanade - 554m²
• 252 Lake Street - 828m²

Total Land Area
• Approximately 2,993m²

Why This Site Stands Apart
• Approximately 2,993m² of premium freehold land
• Rare dual-frontage holding spanning the Esplanade through to Lake Street
• Existing Development Approvals already in place
• Multiple development pathways available
• One of Cairns' largest waterfront development opportunities
• Walking distance to the Cairns CBD, Esplanade Lagoon, restaurants and Marina
• Positioned within the rapidly expanding health and medical precinct
• Immediate proximity to the forthcoming $1 billion Cairns Hospital Expansion
• Exceptional long-term population growth and infrastructure investment supporting future demand

Opportunities to secure a development site of this scale, flexibility and waterfront prominence are exceptionally scarce.

Whether developed immediately, repositioned to suit future market conditions, or held as a strategic long-term investment, this is a landmark acquisition capable of shaping the future skyline of Tropical North Queensland.

For further information, including Development Approval documentation, planning reports and an Information Memorandum, contact the exclusive marketing agents.