For Sale: Rydges Esplanade Resort Cairns

JLL and Colliers have been exclusively retained to offer for sale the freehold strata interest in the Rydges Esplanade Resort Cairns, Australia.

Located alongside two UNESCO World Heritage listed sites - the Great Barrier Reef and the Daintree Rainforest - Cairns is a leading adventure tourism destnation in Australia, providing direct access from 11 cities in eight countries.

In addition to its thriving tourism market, Cairns also serves as one of the major medical hubs in Queensland with its state-of-the-art Cairns Private Hospital and the recent $454 million upgrade of Cairns Public Hospital.

The Rydges Esplanade Resort Cairns has an enviable location along the CBD’s main thoroughfare of Abbott Street, bounded by both the private and public hospitals. In addition to servicing the city’s medical demand, the hotel is centrally located to the Cairns CBD and tourism attractions, including the recently opened $54 million Cairns Aquarium, Cairns Convention Centre, Cairns Marina and Cairns Esplanade Lagoon.

The recently upgraded 4-star Rydges Esplanade Resort Cairns offers 242 guest rooms, a full-service restaurant and bar, flexible meeting space and extensive recreational facilities including a gymnasium, two tennis courts and a lagoon-style swimming pool.

The sale also includes the management rights in the adjoining residential apartment building and management of the 196 car parking spaces.

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