244 Coward St, Mascot NSW
Building type: Office
Building area: 1,607m2
Land area: 808m2
How Did Prosper Group Assist Their Client?
Prosper Group assisted their client with the process of selling their property and then purchasing a new property for their business and also as an investment. Due to the sale of their property their client had a limited time frame and selective search criteria to be achieved. Prosper Group conducted an extensive search of the clients preferred areas and they identified this off market opportunity which offered vacant space for their business and also additional income for investment.
Prosper Group identified during their thorough due diligence analysis various issues with the building that potentially were going to cost their client capital expenditure in the short to medium term. This information was presented to the vendor and Prosper Group negotiated a reduction in the purchase price of $100,000.
The Country Women’s Association of New South Wales formed a relationship with Prosper Group in 2013 to assist with its future accommodation strategy. This included the sale of its long held premises in Potts Point and the subsequent search and purchase of a new property.
The Prosper team provided valuable advice to the Property Sub-Committee over the process and their knowledge and insight into the market was second to none. They were very professional in their approach and at times went out of their way to provide additional assistance.
Subsequent to the purchase of our new State office, we then engaged Prosper to source a residential investment property. Again their expertise and professionalism ensured an excellent outcome for our organisation.
In addition, we are now utilising Prosper’s Commercial Property Asset Management services to manage our newly acquired site.
We would not hesitate to recommend Prosper Group to our business associates.
Country Women’s Association of NSW