RWC Cairns proudly presents an exceptional opportunity to secure three adjoining freehold commercial lots in one of the city's most high-profile and tightly held locations. Positioned directly opposite the Cairns Reef Hotel Casino, this premium 975sqm* site offers unmatched visibility, strong commercial fundamentals, and flexible pathways to unlock future value.
With approximately 600sqm* of existing build area and the benefit of vacant possession if preferred, the property is ideally suited to developers, owner-occupiers or investors seeking to make their mark in the Cairns CBD.
Key Highlights:
Land Area: 975sqm* | Building Area: 600sqm*
Zoning: Principal Centre - allowing a wide range of commercial and mixed uses
Vacant Possession: Available if required
On-Site Parking: 8 dedicated spaces
Development Plans: Previously approved plans for dual commercial tenancies plus residential apartments (available at no cost for resubmission)
For Developers - Approved development plans include ground floor commercial tenancies and two multi-level residential apartments, with integrated parking. The site presents an excellent opportunity to capitalise on strong demand and limited availability of developable land in the CBD core.
For Owner-Occupiers - Establish a flagship location for your business in one of the most prominent positions in the city, with high foot and vehicle traffic, nearby public transport, and proximity to essential amenities.
For Investors - Benefit from a strong, secure income stream with growth potential. The property's flexibility, location, and scarcity make it a valuable long-term asset in a growing regional centre.
Whether you're planning a landmark development, expanding your portfolio, or seeking a strategic base for your operations, 53-57 Abbott Street delivers the exposure, versatility, and upside to support your goals.
Don't miss this chance to secure a blue-chip asset in the heart of Cairns.
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 3,419 properties. Over the last 5 years, Houses in Cairns City have seen a 60.75% increase in median value, while Units have seen a 56.07% increase. As at 31 July 2026:
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