IDEAL FOR OWNER OPERATORS – Current owners past retirement age – would prefer new owners to retain the existing qualified staff (if required).
Established independent (no Franchise Fees) REIQ Accredited Agency – mainly concentrated on the Northern Beaches of Cairns.
Continued good rental demand with a low Vacancy Rate. Last year there has been approximately 80 to 100 new people moving into Cairns each week relocating to this lovely clean and green Regional City, within 20 minutes easy access to the Cairns International Airport. The projected population growth rate to 2021 is 3.6% to 4% in the Cairns Northern Beaches and Cairns Barron statistical local areas.
Prominent high profile location in very modern well equipped 93m2 Office at Smithfield Shopping Centre “where the action is” – during the last 6 months, an average of more than 30,000 people WALK past our illuminated window display every week. Almost 90% of Smithfield Shopping Centre’s customers regularly shop at this Centre for their food and grocery needs. The current 5 Year Lease commenced December 2006, and is renewable from 2011 – the current Rent plus Outgoings = $5,765 per calendar month plus GST.
The Rent Roll has produced $224,258 in Management Fees for the financial year ended 30 June 2010 (exclusive of GST), Plus $38,354 in additional fees (exclusive of GST) – Total $262,612.
Average Management Commission = 8.37% plus GST.
Fully computerised and systemised with detailed Office Procedure Manuals.
Average Sales Commission = approx $9,000 (exclusive of GST)
Fantastic opportunity with huge future potential in dynamic growth area for an energetic entrepreneurial Operator. Plenty of scope for future sales from new estates and subdivisions in Canopy’s Edge, Smithfield Village, NorthPoint, The Sanctuary, Argentea etc.

For more information and a Confidentiality Agreement, contact the Principals in confidence by phone on 0408 772 842 or 0409 397 742