46 Elizabeth Street, 4 & 6 Frank Street, Wetherill Park NSW

Property Details
Building type: Industrial
Building area:  5,256m2
Land area: 8,000m2

Purchase Details
Purchase price: $16.285 million
Net passing yield: 4.17%
$/m2 building area: $3,098/m2
$/m2 land area: $2,035/m2
Property Features

  • Three adjoining tilt-panel warehouse facilities occupied by a single tenant.
  • Three separate titles.
  • Future subdivision potential into three separate tenancies.
  • Easy container access.
  • Fully sprinklered.
  • Ample off-street parking.


Tenancy Details
WALE: 3.1 years
Net income, pa; $679,188.18
Net income, $129.22/m2
Tenancies: Single tenant

 

 

How Did Prosper Group Assist Their Client?

Prosper Group’s extensive knowledge and experience allowed them to develop and implement a successful negotiation strategy that resulted in their Family Office client being selected as the preferred buyer in a highly competitive on market expression of interest campaign.

Through Prosper Group’s industry contacts they were able to act quickly to undertake the necessary due diligence to place their client in an advantageous position to make an informed decision and unconditional offer at the closing of the expressions of interest campaign.

Prosper Group conducted an extensive search of the Sydney Metropolitan markets and as a result their client was comfortable and up to date with all on and off market opportunities available. Further they were aware of the current market values. This allowed our client to act quickly and confidently when the right property was identified.

  We could have gone all year looking and searching. We are positive we could not have found a better home that suits our needs. Thank you again for providing a service that we will only ‘sing it’s praises'!  

Sharon & Lloyd

Northbridge, NSW

  We have never experienced the level of property management and confidence that you give us.  

Kaye & Michael

Fairlight, NSW

  Prosper Group made what could have been a taxing and draining process of selling and buying houses a rewarding and enjoyable experience.  

Michael & Edwina

Turramurra, NSW

  We would like to send you a huge thank you for your assistance with our rental properties. You are always extremely helpful, professional and execute everything with a wonderfully positive attitude.  

Ian & Terry

Darling Point, Maroubra & Annandale, NSW

  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, NSW

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

Carolyn & Anthony

Brisbane, QLD

  Highly recommend Prosper Group. They were highly professional, knowledgeable and flexible when our brief changed! Also a pleasure to work with and we’re thrilled with our result.”  

Lou & Angus

Mosman, NSW