J U S T L E A S E D - C A S E S T U DY
TYPE INDUSTRIAL
NLA 140M2
LEASED 17/05/2021
ENQUIRY 5
OFFERS 2
LEASE RATE $145/M2
MARKETING $0
COMPETITION CREATORS
7/18 HANCOCK WAY, BARINGA QLD 4551 This property was previously tenanted to a roofer on a short term lease following a recent hail storm in Caloundra. With the expiry of this lease coming up, the owner approached our team due to the presence and market share we possess in the area, and asked us to secure a long term lease at a competitive rate. The property is a near new tilt slab warehouse which provides multi street access, and is well suited for most businesses with access requirements for regular freight drop off. Our industrial team took the property straight to all past enquiries on similar stock to create competition. This led to a multiple offer situation which resulted in a long term lease at asking rent.
DAVID GOLDSWORTHY 0481 996 794
SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com
David Goldsworthy states “Lack of stock and increased demand from the market, we were able to create competition for our client which resulted in a long term lease & a higher rate.”
SAMUEL HOY 0423 795 273
SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com
MICHAEL SHADFORTH 0488 981 076
DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com
raywhitecommercialnortherncorridorgroup.com.au