A rare corner holding just 50m from the Cairns Esplanade, this 415m2 block offers exceptional potential in a highly sought-after position. Zoned Tourist Accommodation within the City Centre Local Plan (Precinct 1), the site allows for a variety of small-scale development outcomes – from an exclusive single residence or boutique townhouses, through to one-per-floor apartments with sweeping coastal outlooks.
Dual street frontage to Lake and McKenzie Streets provides design flexibility, excellent access, and a commanding presence in a rapidly evolving pocket of Cairns. With mid- to high-rise residential neighbours already established, this site is primed for quality development that complements the vibrant Esplanade lifestyle.
- 415m2 zoned: Tourist Accommodation
- Suitable for high end townhouse development
- Current approval for 4 x 3 bedroom units + rooftop (expires September 2027)
- Concept plans show max density: 6 stories, 4 x 2 bed, 2 x 3 bed over 6 levels
- Only half a block from the Esplanade
- Walk to hospital
assignmentLooking for more information on 262 Lake Street?
Explore comparables, sales history and growth for this property.
