Business Premises Location
Prosper Group sourced the location, negotiated the purchase price, re-negotiated all 4 leases to a maximum of 12 months and managed the due diligence process including the required consultants; Town Planners, Engineers etc.
The purchasing company is due to complete the required renovations and take up occupancy in late 2008.
"Prosper Group have been excellent at managing the process of purchasing the Slacks Creek site for us! They sourced the site, negotiated the leases, negotiated the purchase price and handled the complete process which in this case was very complex"
Regards
Cameron
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