Case Study - 9/9-11 Matheson Street, Baringa

Page 1

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

TYPE INDUSTRIAL

NLA 1961M2

START / TERM 3 YEARS

ENQUIRY 1

OFFERS 1

LEASE RATE $165/M2 NET

MARKETING $0

RECORD RATES FOR AURA BUSINESS PARK 9/9-11 MATHESON STREET, BARINGA QLD 4551

Ray White were appointed agents on a development in Aura Business Park after existing agents weren’t getting many results. Reaching out to our clients we have been working with over the past month to see if they were still looking resulted in a tenant expressing interest in the property. Initially the tenant considered another unit in the business park but after the leasing agent showed them the potential of this space and arranged a meeting with the developer it was a done deal. Understanding the developer knows how best a fitout can accommodate the space, it was a smooth transition for all parties.

DAVID GOLDSWORTHY 0481 996 794

SALES & LEASING EXECUTIVE da vid.goldswor thy@r ayw h ite.c om

To achieve the desired result for the client, our team managed to increase the rent of the property and achieve a result not yet produced at $165m2. These rates position the park, and the development, in a great position moving forward. David stated “We like to connect people to places, and this was a great example. Understanding a tenant’s brief is crucial to ensure we don’t waste time and can hone in on finding the right place and achieving maximum results for our vendors. ”

MICHAEL SHADFORTH 0488 981 076

DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com

SAMUEL HOY 0423 795 273

SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com

raywhitecommercialnortherncorridorgroup.com.au


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