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LJ Hooker to expand in lucrative marketplace

By Stacey Moseley on May 05 2017


LJ Hooker is set to open up to five new offices in the coming months as it seeks to better service customers in one of Australia’s most lucrative marketplaces.

This week LJ Hooker mutually ended its franchise agreement with the directors, who operated LJ Hooker Mosman.

The move gives LJ Hooker, which has been an iconic brand on the Lower North Shore for more than 70 years, the opportunity to open more offices to service the blue chip residential addresses of Mosman, Cremorne, Cammeray, Kirribilli and Neutral Bay. 

LJ Hooker Network Chief, Graeme Hyde, said the franchise agreement with the Mosman directors was due for renewal next year but decided now was the right time for the brand.

“The Lower North Shore is one of the most lucrative and vibrant real estate markets in Australia and, as such, we now have the opportunity to open a number of new offices in the area, in lieu of just one, to expand our presence and better serve our customers,” Mr Hyde sad.

“LJ Hooker Mosman has always been one of our stronger offices but in this lucrative and fast growing market we believe there are even more opportunities that could be capitalised on. 

“After three generations of ‘LJ Hookers’ being part of the fabric of the Lower North Shore, we’re now ready to support a new generation of passionate and enthusiastic business leaders to see us continue to grow in that area.

“The success of offices in this key area is a testament that when you come to our brand and engage in our franchise offering, we can accelerate your businesses success.”

The announcement comes on the back of a busy year for LJ Hooker with many dynamic and high-performing offices having opened this year in Australia’s growth areas. 

New network partners include LJ Hooker Gympie, led by one of the youngest and most digitally innovative principals in our network; LJ Hooker North Haven | Port Adelaide, which is uniquely catering to Adelaide’s thriving marine lifestyle; and LJ Hooker Wollongong, who have rebranded after being inspired by our offering.
 
“These are vigorous businesses helping our brand reach our growth vision. And, excitedly, it’s just the start – between now and July 1, we’ll welcome our biggest-ever pipeline of new shopfronts,” said Mr Hyde.

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