Leasing Opportunities, Office
7-19 Lake Street

The property is the premier commercial office building in Cairns comprising a total NLA of 14,683m² and has attracted quality blue chip tenants including both local and international government organisations, respected accountancy firms and a number of financial institutions. The 15 level, semi-modern, 5 star NABERS rated building was completed in circa 1989.

The property comprises ground floor building entry foyer with retail accommodation, ground floor office arcade, mezzanine office accommodation, secure podium parking for 264 vehicles on levels two, three and parts of level four, and twelve upper levels of commercial office accommodation. The property also has a 1,500m² parcel of land adjoining the property, providing potential development opportunities.

Property Details

Year of Construction
1989
Acquisition Date
2006
Capitalisation Rate
8.25%
Independent Valuation
$61,300,000 (inc. Grafton Street land) (December 2020)
NABERS Rating
5 star
NLA
14,683m²
Car Spaces
264

Tenant Profile

Twenty-four
Number of Tenants
88%
Occupancy
4.6 years

WALE

Leasing Opportunities

LevelTotal (sqm)FitoutAvailabilityComments
LEVEL 12200Refurbished - Open PlanImmediately
LEVEL 11548Refurbished - Open PlanImmediately
LEVEL 9363Refurbished - FittedImmediately
Ground - Office or Retail300Refurbished - Open PlanJanuary 2021
Ground - Office or Retail (Lake St Frontage)262Refurbished - Open PlanJanuary 2021

Contact GARDA on 07 3002 5300 or leasing@gardaproperty.com.au for more information.