Beachside Commercial Investment

– Initially 12 month working with owner to fully lease building
– Then had an off market offer to purchase at $1.85m
– Recommend that we don’t accept offer and take property to auction
– AUCTION RESERVE $2m
– Passed in @ $1.9m
– Sold 1 day after auction $2,050,000

 

Sales Analysis*
Address:1863 Gold Coast Highway, Burleigh Heads
Listed date:25 January 2016
Total spend:$5,550.00
Inspections:8
Offers:4
Total enquiries:44
Sale price:$2,050,000
Sold/Leased date:25 February 2016

 
*approx