Topham Rd, Smeaton Grange NSW
Building type: Industrial
Building area: 23,785m2
Land area: 49,990m2
How Did Prosper Group Assist Their Client?
Prosper Group conducted a thorough search of Sydney and NSW 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 extensive network of contacts in the industry enabled them to identify this off market opportunity which meant that their client did not have to compete against any other buyers in an expression of interest campaign or an auction.
Prosper Group used their experience and knowledge of the market to negotiate a $300,000 saving for their client off the purchase price, which was more than the cost of Prosper Group’s fee.
Prosper Group negotiated that the new building was purchased on a ‘fund through’ basis which meant that their client’s stamp duty costs were substantially reduced. Prosper Group organised and managed the entire ‘fund through’ process from completion of the necessary upfront documentation through to practical completion.