2 – 10 Myall Quays Boulevard, Tea Gardens
| Property Details Building type: Retail Building area: 4,349m2 Land area: 18,594m2 Purchase Details Purchase price: $8.3 million Net passing yield: 8.0% Fully leased net yield: 8.8% $/m2 building area: $1,908/m2 $/m2 land area: $446/m2 |
Property Features
Tenancy Details |
How Did Prosper Group Assist Their Client?
Prosper Group conducted a thorough search of Sydney and Brisbane and presented their client with multiple properties to consider. This gave their client the peace of mind that they were aware of all the available options both on and off market and they could use each of these options to weight up the best property that suited their criteria.
Prosper Group’s experience and knowledge of the market meant that their client submitted a competitive offer on both price and terms in the expression of interest sales campaign. Prosper Group’s reputation and relationship with the sales agent meant that their client was then chosen as the preferred buyer at the end of the campaign even though they were not the higher price. The two main factors that contributed to this were that the agent and vendor were confident in Prosper Group’s reputable purchasing history, and Prosper Group were able to complete the necessary due diligence in a short time period of only 14 days.
