Port Douglas residents who regularly shop in Cairns will no doubt want to capitalise on the Sentinel Property Group’s recent purchase of the DFO Cairns shopping centre at Westcourt.

The Brisbane-based Sentinel Property Group says the property is their biggest retail acquisition and represents “a major boost to Sentinel’s national retail portfolio and its growing presence in the North Queensland property market”.

It is the only direct factory outlet north of Brisbane and is home to an array of national and international tenants, including Coles, Hungry Jacks, Trade Secret, Bonds, EB Games, Ralph Lauren and Royal Doulton.

Sentinel managing director Warren Ebert told the Cairns Post it was a “landmark acquisition”.

“This is our largest ever retail purchase in both value and size and also provides us with a high profile entry into the Cairns market.

“We have been actively growing our property presence in North Queensland in recent years and have been searching for a prominent Cairns property to which we can add significant value.

“We are delighted to have secured the DFO Cairns retail centre and we now look forward to working closely with its retailers to maximise the property’s solid underlying fundamentals and future growth potential,” he said.