Commercial Purchased Properties
7 Tollis Place, Seven Hills NSW
How Did Prosper Group Assist Their Client?
Prosper Group was engaged by a client in the air conditioning industry to source and secure an owner-occupied industrial premises where they had the ability to make improvements to the property to fit their business needs and future requirements. The client had been searching for over 18 months prior to appointing Prosper Group. Through a targeted market approach, Prosper Group identified and secured a suitable property within several weeks of appointment.
7 Tollis Place, Seven Hills stood out as a rare fit - a freestanding, tilt panel warehouse with no internal columns and 9m clearance, offering genuine move-in readiness. The property comprises a 2,995m² building on a 5,525m² land area, including a 1,500m² rear yard providing our client exactly what they needed, a base to operate from immediately, with clear scope to expand and redevelop down the track.
A key nuance of this transaction was the complexity of the make-good obligations. Through our experience, we were able to navigate some contention around these terms and negotiate an outcome that all parties were satisfied to proceed with.
The asset was contested by several owner-occupiers. Notably, our client's offer was only the third highest on price. The transaction was secured through negotiation strategy and relationship management rather than simply outbidding the competition.
