Office & retail, 50% profit in 12 months – NSW
- Negotiated from $1,350,000 to $1,200,000
- Net yield at purchase 8.91%
- Strategy was to renovate and revalue the property
- Property sold 12 months later for $1.8m, un-renovated
I have known the team from Prosper Group for a couple of years and when I was ready to purchase a commercial property I had no hesitation in asking them for their help.
The team at Prosper Group sourced an industrial property for me that was only a few years old. The property has 2 tenants, one of which is a well known national tenant and the other a successful local operator.
A great discount was negotiated off the purchase price (approximately 19%) and Prosper Group did extensive due diligence to ensure the property met my criteria and stacked up as a great investment.
The property is positively geared (9%+ net return) and this puts money in my pocket each month. I also receive a substantial amount of depreciation, which will offsets my income tax.
I have no hesitation in recommending Prosper Group to anyone looking for a very professional team that really knows the real estate game.
They only bring deals to their clients that meet their very strict criteria. Prosper Group also provided me with an extensive due diligence report on the property.
I look forward to my next purchase with the team.
Dr. Barry Young
Mermaid Beach QLD
Kennards Hire relocation – QLD
They sourced the site, negotiated the leases, negotiated the
purchase price and handled the complete process which in
this case was very complex.
They sourced the site, negotiated the leases, negotiated the
purchase price and handled the complete process which in
this case was very complex.
Medical/ Retail Centre – Add value opportunity – QLD
- Property purchased on a current net yield of 7.23% + depreciation
- Located on prominent corner in high population growth Suburb
- Strategy is to tenant the vacant tenancy
- Once tenanted projected net yield is 8.7% +
- Property purchased on a current net yield of 7.23% + depreciation
- Located on prominent corner in high population growth Suburb
- Strategy is to tenant the vacant tenancy
- Once tenanted projected net yield is 8.7% +
Office block, increase in value – QLD
- Negotiated from $1,500,000 to $1,175,000 (21.67%)
- Property purchased on a net yield of 12.65%
- Property re-valued 7 months later for $1,485,000
- Zoning allows for further development of the property
- Negotiated from $1,500,000 to $1,175,000 (21.67%)
- Property purchased on a net yield of 12.65%
- Property re-valued 7 months later for $1,485,000
- Zoning allows for further development of the property
Industrial Cash flow for Doctor – NSW
- New Industrial in Sydney growth area
- New 5 year lease with strong tenant
- Positive cash flow, strong depreciation
- Organised all matter through to settlement
- New Industrial in Sydney growth area
- New 5 year lease with strong tenant
- Positive cash flow, strong depreciation
- Organised all matter through to settlement
Retail Centre for Property Trust - QLD
- South Australia based Property Trust
- South East QLD growth area
- Strong rental upside
- South Australia based Property Trust
- South East QLD growth area
- Strong rental upside
Retail, National Tenant - QLD
- Criteria was good cash flow & strong tenant
- Negotiated from $550,000 to $450,000 (18.1%)
- Net yield at purchase was 8.67%
- National tenant on 5yr lease with options
- Criteria was good cash flow & strong tenant
- Negotiated from $550,000 to $450,000 (18.1%)
- Net yield at purchase was 8.67%
- National tenant on 5yr lease with options