Buying a commercial property can be a fantastic investment if done correctly or a very expensive mistake if not. The buying process is a lot more complex than residential property and for this reason should only be done with the assistance of experts
Prosper Group is one of the few if not the only buyer’s agency to have a team dedicated to commercial property. On a regular basis we are advised by Sydney and Brisbane’s top commercial real estate agents that we are the most active buyer’s agent in both regions.
In addition to our leading and highly experienced buyers agents we also have the benefit of involving our Asset Management team with the due diligence process. For our clients this means two core skill sets are reviewing their potential property.
Our clients include first time commercial property buyers to those who are highly experienced and currently own large commercial portfolios, overseas investors, Associations and private businesses.
Before commencing our search, the team will meet with clients and work together to create a search criteria which is in line with our clients objectives taking into account our advice and feedback on current market conditions. From this point we take the brief to our network of agents, landlords and developers and assess opportunities which are both on market and off market.
Being successful with purchasing a property is more than price. The commercial market is all about connections, knowledge and experience. Prosper Group provides these attributes to their clients, giving them an advantage and enabling their clients to get ahead of other buyers in the market.
Once the right property has been identified and negotiated a robust due diligence analysis is conducted as part of our service to ensure there are no unexpected costs or risks. This due diligence covers:
View our Commercial Purchased Properties.
“Prosper Group assisted me to purchase a beautiful terrace which is conveniently located and needing minimal work – it ticks all the boxes! The research included in the pricing allowed me to make informed decisions during the negotiation process and I felt secure with the knowledge that I had not paid too much. I have no hesitation in using Prosper Group again to purchase an investment property, as the service they offer pays for itself.”
Quality customer service, excellent attention to detail, friendly and responsive to our needs. This is what we all expect from a residential property manager – right? We purchased two residential investment properties on Sydney’s lower north shore some years ago and entrusted Shellee Henness to look after the properties on our behalf. Shellee was fabulous, and certainly ticked all the boxes. After a few years her employer’s PM client list was sold to one of the “high profile big name” firms, we were moved over to them and lost contact with Shellee. That’s when we quickly discovered that property managers are not the same. Terrible communication, lengthy resolution of minor issues and blood boiling frustrations became the norm. After a painful year we gave up on them and tracked down Shellee at Prosper Group. The issues and problems were immediately solved; brilliant customer service was restored. We cannot recommend Prosper Group highly enough. If you are decidedly underwhelmed by your current PM, then we strongly recommend that you give Prosper a go. We trust them implicitly and know that we are in very safe hands.
I have worked with Prosper Group and Shellee on not only a personal level through the management and leasing of my property but on a professional level through a referral business model for many years now. In both aspects of this, myself and my clients have had an amazing experience due to their dedication to supporting their clients through all facets of the management process.
Through years of referring clients through to Shellee and her team, the feedback from every client is always that it is such a smooth process with the most positive outcome. A huge part of this outcome is the support that the team provides to their clients with very regular and concise updates.
I have experienced this personally through the recent lease and now management of my own property. Using her team was a decision made off the back of my customers feedback and I can confidently say that every word is the truth. Shellee held my hand through what I found to be an emotional experience as it was due to a separation of marriage. Shellee completely understood my needs and ensured that I was well supported in every way possible and continues to do so throughout my lease.
I couldn’t recommend Shellee enough to anyone requiring her needs, she is an absolute superstar!
In early 2018 we decided to purchase a significant commercial property. Quite frankly, we did not know the first thing about larger commercial properties and needed a lot of help. Prosper Group are excellent property managers for our residential properties, and when our PM mentioned that Prosper Group is also a specialist Commercial Buyers Agents, we confirmed a meeting with them to discuss our needs.
From the initial presentation, right the way through to the completion of the purchase, Damien, Alex and the Prosper Group team were thoroughly professional, patient and pleasant to work with. The depth of knowledge they exhibited on all aspects of the purchase was extraordinary.
We are Sydney based, and ultimately the property selected for purchase was located in Brisbane. This wasn’t an issue; the highly detailed pre-purchase reports, and the subsequent due diligence reporting that was prepared for us by Prosper, gave us the confidence to proceed. With consummate skill Damien handled all the discussions and difficult negotiations encountered at every step of the process, from initial contact with the vendor, right the way through to completion, and handover.
We wholeheartedly recommend the Team at Prosper Group as your Commercial Buyers Agent, and certainly hope to be in a position to use them again in the future.
“ I never thought I would get the house of my dreams on my first time buying – but I did – and I owe it all to Jill Cook. Buying my first property was daunting and riddled with mis-leading information from sellers agents, banks and inexperienced friends. From my first coffee with Jill I could tell she got it. She was empathetic and considered with her consultancy – but I knew under all that, she was no ones fool, and would work her hardest to get me the best property at the best price. Of course, I had reservations about paying for a buyer’s agent when I thought I could search for properties and negotiate myself – but when I saw how deep Jill got into investigating every single element of a potential property’s pros and cons (and saved me from a MAJOR poor buy, revealed only through a deep analysis of the property’s financial records) I had no doubt that the investment in a buyer’s agent would earn more than itself back through the purchase of a sound property. “
“ Prosper Group are true professionals; their expertise and wisdom made purchasing our new home a joy. Having John bid for us on the big day took the angst out of the process and allowed us to just enjoy ourselves as we watched him close the deal.
We wouldn’t hesitate to recommend John and Prosper Group for a painless purchase. Thanks guys.”
” I wasn’t sure what to expect from a buyers agent but, John not only provided a fantastic level of service throughout the evaluation and negotiation process, he also provided moral support and guidance throughout all the challenges I faced with my broker. Overall, he helped to take away much of the stress involved in buying property.”
“Thought I would take the opportunity to give a note of thanks and appreciation on your management of our property at Fairlight.
In the five years we have had property managed here in Australia we have never experienced the level of management and confidence that you give us.
In appreciation.”
“Prosper Group stepped in to help my husband and I with our property search after we had spent 3 months unsuccessfully searching ourselves. As we wanted an apartment that would be a sound investment but which would also suit us to live in, so the brief was a challenge. Prosper Group provided us with the perfect balance of hard data and professional and personal recommendations. Working with John not only removed a lot of stress from the process but, as he is such a pleasure to deal with, we actually started to enjoy the searching process rather than feeling overwhelmed by it. Prosper Group found us an off-market place that suited our brief and the whole process only took 2 weeks. Fabulous! I would, and have already, recommended Prosper Group to anyone.”
“We really didn’t grasp the beauty of the view when we decided to buy the house. So it’s been a pleasant surprise for us – both waking up to it and seeing the sunsets.
Overall, it couldn’t be further from our original brief of a 3 bedroom townhouse, on the flat, no stairs and near the shops. But we’ve managed to end up in a place which is far more house for the money, than we ever thought possible when moving to this area. For that we are very grateful to yourself and to Prosper. I have no doubt that your help in executing the final deal contributed to a saving of $50,000 for us.
The time we saved using your services to vet properties before we viewed them, is hard to quantify in dollar terms. But I’d say it saved us 3-4 weekends of looking at houses which looked good on Realestate.com, but were not relevant.
Being quite time poor I value our time in terms of things I’d prefer to be doing.
We’re personally happy to recommend Prosper to anyone looking to buy on the North Shore, especially if they don’t know the market, as we didn’t. We got more than our money’s worth”