Purchased: Pre-Auction
Purchase price: $1,010,000
Net rent: $41,818
Net yield: 4.14%
Location: Sydney CBD
Lease Term: 10 + 5 + 5 years
Increase: CPI
Client Comments:
We recently bought our first commercial property as an investment with help from Alberto and I would readily recommend Propertybuyer and Alberto to others. This was the first time we had looked to buy commercial property and were aware that there were differences when looking at residential and we also didn't have the time to do all the leg work ourselves. We wanted to minimise the risk of making mistakes and were very glad that we did with Alberto putting forward a number of property options that were off-market, including the one we ended up purchasing. From the beginning the service was excellent with Alberto working with us to define our target market and criteria and he then got to work putting forward a number of properties. He was always available for discussion and would explain why we should think about certain tactics and the pro's and con's of each property. We received detailed property appraisals and clear feedback as we missed a few opportunities as it is a very competitive market and we wanted to be disciplined. The outcome was the successful purchase of a property that met nearly all of our criteria and we are very happy with the result. I would readily use Alberto again and would recommend him to others as well.
Nathan & Jane
Buyers' Agent Comments:
Goal
First time commercial investors with $1m budget looking to purchase a “pandemic-proof” Medical leased investment, with a minimum 3 year lease anywhere along the NSW east coast.
We purchased an outstanding entry-level Healthcare investment with a 10+5+5 year lease! The property has an exceptional Dental fit-out and is perfectly located in a specialised medical Sydney CBD building next to Hyde Park, Town Hall and future Pitt St metro station. It’s been purchased pre-auction, under extreme competitive conditions, and this investment will guarantee our clients a secure and steady income for the years to come.
Commercial Buyers' Agent - Alberto Da Grava
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