J U S T S O L D - C A S E S T U DY
TYPE INDUSTRIAL
NLA 223M2
SOLD 10/08/20
ENQUIRY 9
OFFERS 1
SALE PRICE $400,000
MARKETING $1,427
TENANTED INVESTMENT EXCEEDING EXPECTATION 1/25 QUANDA ROAD, COOLUM BEACH QLD 4573
The vendor approached Ray White to do an appraisal on their property as they considered selling. After reviewing the current market and where the property sits, the vendor decided the time was right to bring the property to market. Utilising our database and creating additional competition through online advertising, we created competition between a few hot investors to achieve maximum results. The vendor expressed concern where a competitive offer would come in; however, after driving up the competition we were able to achieve an offer around 5% higher than expectation. Samuel stated “The investor market is performing very well across the Sunshine Coast at the moment and sellers are capitalizing on solid returns and noticing an increase in the value of their property based on current rental rates and capitalisation rates. ”
SAMUEL HOY 0423 795 273
SALES & LEASING ASS OCIATE samuel.hoy@raywhite.com
MICHAEL SHADFORTH 0488 981 076
DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com
DAVID GOLDSWORTHY 0481 996 794
SALES & LEASING ASSOCIATE david.goldsworthy@raywhite.com
raywhitecommercialnortherncorridorgroup.com.au