J U S T L E A S E D - C A S E S T U DY
TYPE INDUSTRIAL
NLA 294M2
START / TERM 2 YEARS
ENQUIRY 6
OFFERS 1
LEASE RATE $120/M2 NET
MARKETING $170
PROPERTY RE-POSITIONED TO SECURE TENANT 17/24 HOOPERS ROAD, KUNDA PARK
The vendor trusted the Northern Corridor Group team to bring their property to the market for the first time. After recently retiring, it was time to be a commercial landlord so Ray White took the property to market. Without initially securing a tenant, we reviewed the competition and produced a report to show the differences in competitive assets. Given the price reduction, the team went back out to their database to determine which prospective tenants were most qualified for the space. After showing the tenant a couple of properties in the area, the team managed to secure an offer and after multiple rounds of negotiations a deal was accepted.
SAMUEL HOY 0423 795 273
SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com
Samuel Hoy stated “It goes to show knowing how the market is responding and positioning a property accordingly is critical. Updating our vendors during the marketing process is key so they don’t receive a surprise when an offer is presented”
DAVID GOLDSWORTHY 0481 996 794
SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com
MICHAEL SHADFORTH 0488 981 076
DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com
raywhitecommercialnortherncorridorgroup.com.au