275-277 Draper Street, Parramatta Park, Qld 4870

If you grew up in Cairns in the 1970s, the Cordial House and Hanush's Cordials were likely familiar names - with Cordial house serving as both an expansive residence and part of the commercial plant for this iconic brand.

The drinks might have stopped flowing but the property still offers a combination of utility and expansiveness that is rarely matched, with the blonde brick exterior containing an approximate 800m2 of internal space across two levels, sited on an 809m2 corner allotment with multiple driveways.

Internally, the property is as massive as the exterior suggests, and is roughly split in two upstairs/downstairs.

Upstairs the home presents as what would have been (in its day) a luxury residence, with 4 bedrooms, 2 with walk-ins and 2 with built-ins, 3 bathrooms (2 ensuites), a commercial sized kitchen complete with servery and walk-in coldrooms (currently decommissioned), large laundry with partially covered rear deck, and an open plan living and dining area larger than some entire apartments.

Downstairs currently fits a more commercial bent but could readily be taken in a different direction, with the welcoming atrium with its own slate pond (and carpeted ceiling) opening to a cavernous rumpus room complete with timber panelled walls, slate features and a luxurious bar.

From there, a 5th bedroom (with ensuite) has enough space to reconfigure to multiple rooms, and storage abounds with warehouse style storage and garaging with 3x roller door access points, circa 3m ceilings as well as store room (with compactus), a 5th bathroom and plenty of flexibility.

Utilised as accommodation until recently, the property is move-in-ready in its current state or ripe for a full renovation or repurpose. Currently zoned residential, the property is in a mixed-use zone and surrounding properties include single residences, licenced backpackers and hostels, commercial offices, industry and schools.

1 block back from Mulgrave Road and Cairns Central Shopping Centre, the property is well served by public transport, has high visibility and is an opportunity the likes of which might only come up once in a decade (or longer).

Offered for sale by Expressions of Interest, closing Monday 4th March 2024 unless sold prior. For more information, contact Tom Quaid at Quaid Real Estate.

*note measurements indicative only