Banner Image

Active Asset Management 

Banner Image

Integrated Property Group

Banner Image

$215 Million in Assets Under Management 


7-19 Lake Street Cairns is the Funds flagship property, representing 23% of the Fund's asset value.  The property is the premier commercial office building in Cairns comprising a total NLA of 14,956m² and has attracted quality blue chip tenants including both local and international government organisations, respected accountancy firms and a number of financial institutions.  The 15 level, semi-modern, 4 star NABERS rated building was completed in circa 1989.  

The property comprises ground floor building entry foyer with retail accommodation, ground floor office arcade, mezzanine office accommodation, secure podium parking for 254 vehicles on levels two, three and parts of level four, and twelve upper levels of commercial office accommodation.  The property also has a 1,500m² parcel of land adjoining the property, providing potential development opportunities.

Property Details

Year of Construction 1989
Acquisition Date 2006
Valuation $42,200,000 (inc Grafton St land)
Valuation Date 1 June 2016
Valuation Type  Independent Valuation 
Ownership Interest 100%
NABERS Rating 4.0 star
NLA 14,956m2
Car Spaces 254

Tenant Profile

Number of Tenants Twenty-seven
Occupancy 83%
WALE 2.5 years

Leasing Opportunities

LevelTotal (sqm)FitoutRentAvailabilityComments
Arcade 300 No POA Now  
Arcade 553 No POA Now  
Ground Floor 62 & 91 No POA Now  
Mezzanine/Level 1 390 No POA Now  
Level 8 828 No POA Now Refurbished whole floor
Level 14 125 No POA Now  

Contact GARDA on 07 3002 5300 or This email address is being protected from spambots. You need JavaScript enabled to view it.  for more information or

Robbie Macfarlane of CBRE on 0409 636 943 or Greg Wood of Knight Frank on 0418 772 555 to discuss leasing opportunities.

 



Garda Capital Group

1300 889 100

Level 21, 12 Creek Street, Brisbane QLD 4000

GPO Box 5270, Brisbane QLD 4001

Ph: +617 3002 5300 Fax: +617 3002 5311
Email: contact us form

© Copyright Garda Capital Group 2014