Case Study - 12/110 Sixth Avenue, Maroochydore

Page 1

J U S T S O L D - C A S E S T U DY

TYPE RETAIL

NLA 25M2

SOLD 29/08/20

ENQUIRY 24

OFFERS 5

SALE PRICE $160,000

MARKETING $825

STRATEGY & ANALYSIS ACHIEVES THE BEST RESULT 12/110 SIXTH AVENUE, MAROOCHYDORE QLD 4558

Emily & Christine ran the numbers after listing 12/110 Sixth Avenue and determined the best result for the vendor would come from an investor, provided a tenant yielding 6.5 - 7% could be secured. The property was quickly put out to our database of personal service tenants who had previously enquired on similar property and within a week we were able to secure a 5 year lease with a lash and brow studio. With the lease locked in, we then put the property to our investor database off market and a sale was secured within days! Emily stated “This proves that is imperative to conduct a detailed analysis of each property to identify how the best result can be achieved for the vendor as the adjoining property has been marketed for several months vacant at a reduced price without achieving a sale.” If you are looking to sell or buy contact Emily Pendleton on 0402 435 446 or Christine Freney on 0432 170 380 today.

E M I LY P E N D L E T O N 0402 435 446

ASSOCIATE DIRECTOR emily.pendleton@raywhite.com

CHRISTINE FRENEY 0432 170 380

SALES & LEASING EXECUTIVE christine.freney@raywhite.com

raywhitecommercialnortherncorridorgroup.com.au


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