Maroochydore QLD
DETAILS
Property type: Commercial
Size: 110m2
Status: Owner Occupier
Net yield: N/A
Cash on cash return: 32.5%
Total savings: $110,000
This ‘Off-market’ property was secured for our clients after we understood their business needs and conducted an off-market property tender using our extensive relationship base.
The property was located, negotiated & secured within 8 weeks and the result was a premise perfect for their business with the upside of a property valuation coming in at $85,000 more than the purchase price & later neighbouring properties of a similar size selling for $900,000, increasing their equity position. They since have had it valued and are up $335k in equity.