Situated on Cairns’ most exclusive beachfront this one of a kind landmark property will provide a lucrative income from 24 studio and 1 bedroom apartments, Licensed Bar Restaurant, and there is plenty of potential for further development on the generous 1619m2 allotment with 2 street frontage.

The structure is only 7 years old and was engineered and designed for 2 roof-top penthouses overlooking the Coral Sea and Double Island.

Priced to sell at far below replacement cost.

Price: $7,900,000