53-57 Abbott St, Cairns City, Qld 4870

Freehold development site for sale at 53-57 Abbott Street, Cairns City, offered with vacant possession. Three adjoining freehold lots, held in one line, positioned directly opposite The Reef Hotel Casino, which transacted for $192.7 million in August 2026, the first change of ownership since the complex opened.

Spanning a combined landholding of 975 sqm with 600 sqm of existing build area, this is Principal Centre zoned land in the most tightly held corridor of the Cairns CBD. The assembly work that makes a site like this developable is already done, ready for a developer to move on now.

Positioned at the heart of Cairns' tourism and business precinct, the site sits within easy reach of Cairns Central Shopping Centre, Cairns Base Hospital, Cairns Rail Terminal and Cairns Airport, keeping it well connected for residents, workers and the tourism trade that underpins much of the local economy.

Development sites of this scale in the Cairns CBD core are constrained by geography, fragmented ownership and the simple fact that no more of it is being made. Buyers who hold this land are not competing for the next site. They are holding the one others will need.

Property Features:
• Sale Price: Offers from $3.5 million
• Land Area: 975 sqm*
• Building Area: 600 sqm*
• Zoning: Principal Centre
• Possession: Vacant possession
• Location: Opposite The Reef Hotel Casino, Cairns CBD

Contact the RWC Cairns Commercial Team today to secure your position on this rare CBD development opportunity.