Our instructions:

1. Request all formal written offers
2. Table to the Purchaser for approval to issue sales advice

Seller asked us to canvas the market for market value. We have advised market value is $2.4M to $3.0M (9% to 11% net). We are now instructed to firm up all interest in preparation for sales advice to be issued.

Property details:

Opposite Airlie Beach Hotel
30m frontage
140m to Port of Airlie
1200m2 (approx)
8 shops including Bar
Potential to value add to the property with a second level

If you do not already have a copy of the information memorandum, please contact me immediately on 0404 498 790 or mark.beale@raywhite.com