Office, Leasing Opportunities
7-19 Lake St, Cairns

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 1,518m² parcel of land adjoining the property, providing potential development opportunities.

Property Details

Year of Construction
1989
Acquisition Date
2006
Independent Valuation
$82,000,000 (inc. Grafton Street land) (December 2023)
Capitalisation Rate
7.75%
Discount Rate
8.75%
NABERS Rating
5 star
NLA
14,774m²
Car Spaces
264

Tenant Profile

Twenty-five
Number of Tenants
94%
Occupancy
3.6 years

WALE

Leasing Opportunities

Level Total (sqm) Fitout Availability Comments
LEVEL 11 285 Cold Shell Immediately
LEVEL 10 214 Fitted including Desks Immediately
Ground - Office or Retail (Lake St Frontage) 260 Cold Shell Immediately

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