123/53-57 Esplanade, Cairns City, QLD 4870 sold on 18 June 2026 | OnTheHouse
SOLD
Sold on 18 Jun 2026 for $693,000

123/53-57 Esplanade
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 123/53-57 Esplanade, Cairns City

Building Type
Commercial
Year Built
1999
Local Government
Cairns Regional
Lot/Plan
123/SP121900

Last Listing description (March 2022)

Double Glass Frontage, Cairns Esplanade

Colliers International (Cairns) Pty Ltd is pleased to offer for sale Shops 122 &123 at 53-57 Esplanade in the heart of Cairns.

With its prime Esplanade frontage, this superior commercial property forms part of the main entrance and foyer to the popular Mantra on the Esplanade hotel complex comprising 130 rooms, positioned directly opposite Fogarty lush parkland and the iconic Cairns Esplanade Lagoon.


Furthermore, the property is ideally positioned at one of the access points to the Cairns Gallery Precinct, providing connectivity through to the Court House building which is a key component of Council's transformation of several adjoining heritage buildings to create a dynamic and world class gallery precinct.

Comprising two interconnecting ground floor commercial units providing 111m2* net leasable area; benefit from the existing luxury fit out which features refined timber & granite glass topped displays, marble flooring, high definition LED lighting, advanced security system, storage room/shelving and rear office. Ownership includes the exclusive use of two off street secure car parks with the complex.

The main features include:

10 metre Esplanade shopfront
111m2* retail shop (two lots combined into 1)
Existing sophisticated, high-end retail fit-out in place
Located truncating the foyer/reception of the 'Mantra on the Esplanade'
2 off street car parks

This ideal Cairns trophy investment is available now at exceptional value. If you have been considering buying a property on one of Australia's most popular retail strips, now is the time.

Offered as a single package, Lots 122 & 123 / 53 - 57 Esplanade, Cairns is for sale with formal offers invited over $900,000 + GST with vacant possession. For further information or to inspect contact Jay Beattie.

*Approximately

Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors – office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australia’s own global real estate success story.

Property History for 123/53-57 Esplanade, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$693,000
18 Jun 2026
  • 01 Oct 2019
    Listed for Rent - Price not available
  • 26 Mar 2019
    Listed for Sale Offers from $900,000
  • 25 Jul 2018
    Listed for Sale Please contact agent
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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. There are 3 parks, covering nearly 6.3% of the total area. The population of Cairns City in 2016 was 2737 people. By 2021 the population was 3616 showing a population growth of 32.1% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation.In 2021, 47.30% of the homes in Cairns City were owner-occupied compared with 46.40% in 2016.

Cairns City has 3,425 properties. Over the last 5 years, Houses in Cairns City have seen a 65.47% increase in median value, while Units have seen a 53.26% increase. As at 31 August 2026:

  • The median value for Houses in Cairns City is $741,867 while the median value for Units is $606,251.
  • Houses have a median rent of $488 while Units have a median rent of $600.
There are currently 54 properties listed for sale, and 32 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Cairns city.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.