11 Ellerslie Rd, Meadowbrook QLD

Property Details
Building type: Industrial
Building area:  1,184m2
Land area: 2,000m2

Purchase Details
Asking price: $2.0 million
Purchase price: $1.78 million
Net passing yield: 6.5%
$/m2 building area: $1,507/m2
$/m2 land area: $893/m2
Property Features

  • Modern industrial building
  • Potential to split into two separate tenancies
  • Located close to major road infrastructure

Tenancy Details

WALE: 4 years
Net income, pa; $116,800
Net income, $/m2; $99/m2
Tenancies: 100% leased to 1 tenant

 

 

How Did Prosper Group Assist Their Client?

Through Prosper Group’s industry contacts they identified this opportunity for their client. Prosper Group’s experience and expert negotiation skills enabled them to successfully negotiate an agreed price and terms over a prolonged negotiation period.

Prosper Group’s extensive knowledge and experience in all commercial property markets in Brisbane and Sydney allowed them to guide their client to invest in the Brisbane industrial market, which at the time was showing a 1% better yield return than similar properties in Sydney.

  We’re convinced that no other buyers agent offers such an unbiased and educated view on property investment as Prosper Group does.  

Mahlah Ludekens

Director - RecruitR

  The Prosper Group Team has managed our property in the most professional and dedicated manner.  

Lisette

MacMahons Point, NSW

  In all my dealings with Prosper Group I have felt the team really cared about the result, cared about the property and cared about our business relationship.  

Michelle Collins

Coogee, NSW

  It was like having a partner who was on my side – we had many discussions about all aspects of the property.  

GR

Managing Director - Paragon Crest Pty Ltd

  Without Prosper Group's help, persistence and expertise, we would not have found our ideal home.  

Alice & Jackson

  Prosper Group's negotiation skills reduced the price from $1,500,000 to $1,175,000.  

J.B.

Company Director & Investor

  Meticulous, thoroughly professional, very patient. A pleasure to deal with.  

E. Cassimatis & Family

  The value was returned in spades. I secured a great home that I would never have been able to find myself.  

Alan Arakelian

CFO - Bain and Associates

  Prosper Group was great. They were patient and found me the right property at the right price. I could not have asked for a better experience.  

Sascha Bannon

Surry Hills

  Thank you Prosper Group for all your hard work; you have found us an investment property that ticked all the boxes  

Carolyn & Anthony

Brisbane