50 Woodlands Dr, Reedy Creek, QLD

Property Details
Building type: Retail
Building area: 656m2
Land area: 2,349m2

Purchase Details
Purchase price: $4.0 million
Net passing yield: 6.81%
$/m2 building area: $6,098/m2
$/m2 land area: $1,703/m2

Property Features

  • Modern retail building
  • Prominent corner location.
  • 100% leased to 6 tenants.
  • 88% of the centre is leased to medical based tenants.

Tenancy Details
WALE: 2.3 years
Net passing income, pa: $272,502
Net income, $/m2: $415/m2
Tenancies: 100% leased to 6 tenants

 

 

 

 

How Did Prosper Group Assist Their Client?

Through Prosper Group’s extensive knowledge of all markets in NSW and QLD they were able to identify this property on the Gold Coast for their NSW based client. Prosper Group identified upfront the value in this property and assisted their client in negotiating and securing the property in an exclusive due diligence period in a short period of time, before the general market had time to consider the property.

Prosper Group’s negotiation experience saved their client $250,000 of the asking price.

 

  We’re convinced that no other buyers agent offers such an unbiased and educated view on property investment as Prosper Group does.  

Mahlah Ludekens

Director - RecruitR

  The Prosper Group Team has managed our property in the most professional and dedicated manner.  

Lisette

MacMahons Point, NSW

  In all my dealings with Prosper Group I have felt the team really cared about the result, cared about the property and cared about our business relationship.  

Michelle Collins

Coogee, NSW

  It was like having a partner who was on my side – we had many discussions about all aspects of the property.  

GR

Managing Director - Paragon Crest Pty Ltd

  Without Prosper Group's help, persistence and expertise, we would not have found our ideal home.  

Alice & Jackson

  Prosper Group's negotiation skills reduced the price from $1,500,000 to $1,175,000.  

J.B.

Company Director & Investor

  Meticulous, thoroughly professional, very patient. A pleasure to deal with.  

E. Cassimatis & Family

  The value was returned in spades. I secured a great home that I would never have been able to find myself.  

Alan Arakelian

CFO - Bain and Associates

  Prosper Group was great. They were patient and found me the right property at the right price. I could not have asked for a better experience.  

Sascha Bannon

Surry Hills

  Thank you Prosper Group for all your hard work; you have found us an investment property that ticked all the boxes  

Carolyn & Anthony

Brisbane