<b><u>Montaj Movement – Cairns Tattoo and Art Parlour – Multi-Award Winning</u></b><br><br>Mark Montaj is the principal of this business and is a multi-award-winning artist who has been voted as the best Tattoo Artist in Cairns twice in his 10 + year career so far. His most recent win was in August 2023 which lined up perfectly for his 10-year anniversary leading the helm of the Aplin Street, Montaj Movement Studio.<br><br>Mark has a team of three artists and they operate 5 days per week – with Sunday and Monday being their days off.<br><br>History of no rent arrears.<br><br>Montaj Movement have been trading onsite since 2016, having taken up their first option in 2021.<br><br><b><u>The Med – Mediterranean Street Food</u></b><br><br>George Papagelou is the principal of this business and is a long-standing chef and restaurant owner. The Med has been trading on-site since 2018 and is spread across an impressive 231 m2 restaurant. Underpinning this enant is a long 10-yearlease with a 10-year option.<br><br>George also owns the freehold to two restaurants on the opposite corner of the Trilogy complex being Villa Romana &amp; Yaya’s. He is definitely a committed foodie.<br><br>One of the best barometers of any retail business is the often savage online ratings.<br><br>The Med has the following reviews online (out of 5 stars):<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">4.8 Stars Uber Eats from 120 reviews</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">4.7 Stars on Google from 216 reviews</span></p></li></ul><br>The shop has no history of no rent arrears.<br><br><b><u>Tammy Nails</u></b><br><br>Your ultimate destination for indulgence and relaxation in the heart of Cairns. Tammy’s luxurious beauty salon offers a comprehensive range of services that cater to beauty, hair care, and wellness needs.<br><br>Her team of highly skilled professionals pamper customers from head to toe. From a fabulous manicure or pedicure, a rejuvenating facial, a soothing massage, or a complete hair transformation, she has her clients covered. Their spa treatments are designed to alleviate stress, promote relaxation, and restore balance to mind, body, and soul. Tammy also operates a second indulgence clinic down the road, closer to Woolworths in Abbott Street.<br><br>History of no rent arrears.<br><br>Longstanding business with a loyal customer base + the frequent holiday goers popping in for a pamper.

<b>** Rethink Investing has deducted extra $10,000 from the presented net income as a buffer for outgoings: Net Income: $180,595</b><br><br><b>There is an approx. $30,000 </b><span style="color:rgb(51, 51, 51);"><b>to pay </b></span><b>for a new AC plant in this building (Its their lot share) which the vendor would want the new owner to pay as they will be directly benefiting from that hence the price at $2,630,000</b><br><br><br>

Subject Property: $424 Per Sqm (Blended) Shop 10/53-57 The Esplanade Cairns QLD 4870: $940 per Sqm for 67 m2 of NLA 104 Grafton Street Cairns City QLD : $550 Per Sqm for 151 m2 of NLA Lots 114 & 115/53-57 Esplanade, Cairns City, QLD 4870: $783 Per Sqm for 60 m2 of NLA

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