The opportunity to purchase a quality industrial strata property in the heart of Virginia was offered to the market for sale by public auction. The property is a semi-modern 317m2* unit of block and concrete construction, with 126m2* of office over two levels with amenities on ground floor. The column free warehouse is accessed via a single electric roller shutter and the offering was with exclusive use of five (5) on-site car parks.

The eventual sale of the property was due to a combination of factors. Wide coverage of the market produced by digital and print marketing, competition created post auction day, and superior expertise provided to the Buyer by a very effective finance broker. The Buyer was unable to purchase the property at Auction and required a contract with conditional terms to enable the transaction to be completed.

Our agency was able to make the connection between both Buyer and Green Finance Group. This process enabled the Buyers’ transition from tenant to owner occupier with minimal interruption. A competitive finance package, uniquely tailored to the Buyer’s business goals, was secured promptly.

The Buyer was an owner occupier who manufactures rubber stamps. They came out of a lease property in the Pinkenba area. The property was within an affordable price range in comparison to the modern newly constructed strata units in the surrounding area.

 

 

 

 

 

Sales Analysis
Site Area:317m2*
Sale Date:September 2016
Sale Price:$480,000 + GST
Purchaser:Local Business Owner

 

Campaign Analysis
Method of Sale:Auction
Marketing Timeframe:5 weeks
Marketing Budget:$7,500*
Total Enquiries:Eighteen (18)