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Subscribe NowThis mixed use freehold in Bundall, one of the Gold Coast’s tightly held commercial pockets, is 1,841 square metres across five commercial lots with six tenancies covering office, industrial and showroom, plus 26 car spaces. Purchased at $2,225,000 on a net yield of 5.5 per cent, worth $3,268,000 today, with strata title and redevelopment potential still in it subject to council approval.
Transaction summary
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TESTIMONIALS
Mish as a buyers agent has been very helpful to us on our commercial journey. Her knowledge is priceless. A great coach giving us guidance through the maze of deals in the market by being able to point out weaknesses and strengths of the deals we are looking at.
I would like to say thank you for helping us look into our commercial properties. It’s always good to have a second pair of eyes to pick up on things we didn’t see. We especially feel grateful for your tips on negotiation and that helped to reduce the purchase price.
Mish presented me with several potential commercial properties based on her analysis of my position. The one I pursued was in Brisbane, selling on a 10% yield, and I was eventually able to negotiate to an amazing 11% yield. Mish helped me every step of the way.
