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Circa $2.7M
Edgar is representing an overseas family office group, and they approached us to advise and source their first Commercial Investment property in QLD. They were initially looking for a set&forget investment to build a larger property portfolio. After our consultation and during the search process we identified Brisbane trade-coast to be the ideal location to buy in. With low stock of quality tenanted investments across the Eastern seaboard we extended the radius to from Sydney, through Gold Coast and Brisbane. Using my network of contacts and Agents, I uncovered an ideal off-market quality Industrial warehouse in the tightly held Brisbane trade-coast suburb just 5/ 10 mins to Brisbane Airport. The property features a 5+5 year lease to an International Tenant, with strong 4% annual increases providing a low-maintenance, stable and secure income to our clients. We managed to persuade the Vendors to accept our conditions and price for this great asset and conducted extensive DD prior to exchange. Edgar’s group are thrilled with the result and we trust this commercial asset acquisition will greatly benefit the future of their property portfolio.
Our client mandate: As a director of an overseas family office, our client mandate was to source a set & forget, low maintenance tenanted commercial investment with a solid tenant paying for all outgoings and returning a combined (yield+growth) of 10%. This property is perfect for the group needs setting them up with a secure investment to grow their portfolio as it requires very low-maintenance due to the ten-year lease and the high-class tenant.
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
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Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
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