Samuel Hoy from our team, using his economics degree, worked closely with a local developer to do a feasibility study to see how the numbers stacked up.
Quickly realising there could be a return of over 9% and running a second inspection the developer agreed to purchase the property.
A 30 day renovation job (during due diligence, AMAZING!) had the property relisted and leased within the first week achieving a very high yield.
For additional information please contact Samuel Hoy on 0423 795 273
The Emily Pendleton Team at Ray White Commercial Northern Corridor Group is proud to announce the successful sale of Matso’s Brewery, Eumundi, one of the Sunshine Coast’s most iconic hospitality investments and a truly standout result for the region’s commercial property market. Formerly Joe’s Waterhole, a historic Queensland pub established in 1891, the property underwent … […]
JUST SOLD – 1,5,37/5 Kayleigh Drive, Buderim QLD We are seeing a shift in demand across the Sunshine Coast Region. The Home Builder grant is driving “tradie” demand for sub-300m2 industrial sheds, causing a supply/demand discrepancy across most markets whilst local and national investors are buying sight-unseen tenanted properties across all sectors with a particular … […]