4/62-66 Abbott StreetCairns City QLD 4870
Property Details for 4/62-66 Abbott St, Cairns City
Last Listing description (June 2026)
A rare chance to acquire a fully fitted hospitality premises with vacant possession in the core of Cairns' CBD. This 98 sqm strata-titled property, operated for 28 years as the renowned Japanese restaurant Matsuri, offers a turnkey food & beverage opportunity in one of Cairns' most sought-after hospitality strips.
The property features a fully equipped commercial kitchen, cold room, and internal seating for up to 60 patrons, allowing an incoming operator to significantly reduce setup time and capital outlay. Street presence is enhanced by an approved front-footpath dining area, ideal for outdoor trading and visibility. One on-title car park (currently used as storage) adds operational convenience.
Strategically positioned on Abbott Street between Shields and Aplin Streets, the property benefits from exceptional pedestrian exposure and consistent foot traffic, generated by surrounding hotels, short-stay accommodation, and year-round tourism. Immediate neighbours include the five-star Flynn, BreakFree Royal Harbour, and the Cairns Night Markets, making this a high-visibility location that attracts both daytime and evening trade.
Key Features:
98 sqm strata-titled premises in a tightly held CBD hospitality precinct
Fully fitted commercial kitchen, cold room, and services in place
Internal seating capacity for up to 60 patrons
Approved front footpath dining area
High-exposure Abbott Street frontage with exceptional pedestrian traffic
One on-title car park (currently used as storage)
Vacant possession - ready for immediate occupation, rebranding, or repositioning
Flexible layout suitable for caf, restaurant, bar, takeaway, or specialty concept (STCA)
Strong tourism-driven trade complemented by local office and residential patronage
This is a rare opportunity for owner-occupiers seeking immediate trading potential or for investors seeking a high-demand hospitality asset in a proven, high-traffic location. With existing infrastructure, strong visibility, and a tightly held CBD setting.
Contact Exclusive RW Commercial agents Grant Timmins or Susan Doubleday to make it happen.
Property History for 4/62-66 Abbott St, Cairns City, QLD 4870
- 12 Jun 2026Listed for Sale Contact Agents Grant Timmins & Susan Doubleday
- 02 Mar 2026Listed for Sale Contact Agents Grant Timmins & Susan Doubleday
- 24 May 2017Sold for $1,000,000
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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.
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