Rydges Esplanade Cairns - SOLD

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Sold for 40,000,000 AUD Date of Sale: September 2016
Rooms: 242
Price Per Room: 165,289 AUD
Property Id : 30475

Rydges Esplanade Resort Cairns has 242 guest room 4 star hotel constructed over 13 levels. The hotel is well presented with a large number of guest rooms having direct bay views. The Rydges Esplanade Resort is located in a prominent location with excellent exposure and four major street frontages. The hotel is situated on the waterfront boulevard known as the Esplanade has frontages to Abbott Street, Kerwin Street, Lake Street and Upwards Street. Abbott Street carries higher volumes of traffic between the northern and southern ends of the CBD

Wayne Bunz

National Director, Capital Markets
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