case studies

Recent Deal # 11

The Situation & Execution

The property is in a prime large format retail precinct in a high growth major regional area of New South Wales, surrounded by well established brands such as, Total Tools, Harvey Norman, Spotlight and Adairs.

 

The near new building was purchased off-market with vacant possession, however, the fully leased yield is over 8% net with strong tenant demand in the area. A long-term settlement of 9 months was negotiated, allowing ample time to secure a tenant.

The Overview

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