$6.15 million profit in 2 years!

During 2011-12 I commissioned Prosper Group to find a multi-tenant commercial building for investment. Following many months of patient search and negotiation I eventually bought an attractive property with long term future development upside in October 2009. Detailed and patient due diligence process assured me it would be a good medium-long term hold. Proper Group managed all aspects of the purchase, management and subsequent sale.

During the next few years the boom of conversion of commercial sites to residential apartments rapidly grew.  After many unsolicited enquiries and offers we decided to openly market the site. This was handled very well by Prosper and Ray White Commercial resulted in my accepting a very attractive offer December 2014 with delayed settlement February 2016.

Also in late 2012 through Prosper Group I bought another multi-tenant Commercial property with the same objective and criteria.  Planning changes in the area have created significant capital gain that will be realised in 3-4 years.

In April 2009 Prosper Group also assisted me in buying a large single tenant industrial building that has been an excellent stable, simple well performing investment.


Ross Glasson
Private Investor

Kennards Hire seeks Prosper Groups assistance

Having out grown an existing location, we (Kennards Hire) decided to look into the option of relocating that branch.

Not having enough time to devote to such a large task and having previously worked with Prosper Group on another of our properties I engaged their services to assist with the location of the new site.

Prosper Group showed their professionalism and expertise throughout the whole process, making the job very easy for me.

I will recommend their services to anyone looking to purchase a property and will continue to use them in the future.  Thanks for your help.

 

 

 


Cameron Kennard
Kennards Hire & Keneco Property

Prosper Group secure and manage CWA’s new State Office

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.


Donna Wilkins
Executive Officer - Country Women's Association of NSW

Prosper Group’s due diligence saves a doctor from an expensive mistake

I originally engaged Prosper Group to conduct due diligence and negotiate the purchase price of a property I had located to use as a surgery. Their due diligence identified a major issue with access to the car park at the rear of the property and unfortunately a solution was not possible. Based on Prosper Group’s advice, I withdrew from the purchase of the property.

Since then I have used Prosper Group to assist with other property matters relating to my business, including making off market offers on properties suitable for surgeries. I am also in the process of engaging them to source a residential investment property.

Over the eight months that we have been working together, I have found Prosper Group to be very knowledgeable, professional and thorough in their approach, as well as great value for money. I have the confidence to leave the process to them, allowing me to focus on my patients and the business.


DR. Ian Katz
AMA (NSW) Member

Extensive search identifies two off market trophy investment properties

Prosper Group understood the type of property investment profile we were seeking and provided numerous properties for the association to consider. The shortlist were quality properties and the due diligence work that Prosper Group undertook was very thorough and provided valuable information for the board to consider. The NSW Farmers Association has ended up with 2 high quality buildings. Thank you Prosper Group.


Matt Brand - CEO
NSW Farmers Association

Client makes a 50% profit in just over 12 months

Running a busy practice leaves me little time to look for property, I engaged Prosper Group to source and negotiate a commercial investment property for me. They negotiated an outstanding deal for me – almost 19% off the purchase price. They did extensive due diligence ensuring the property met my criteria. The final property we selected was in an area council designated to modernise and add additional infrastructure.

The property was purchased on a net yield of 8.91%.

12 months later nearly to the day council actually offered me $200,000 more than what I paid for the property. I asked Prosper Group for their input and to my delight they negotiated an extra $600,000 for me.


Dr Barry Young
Mermaid Beach, QLD

High yielding long term investment

We thank Prosper Group for their diligent and professional approach in assisting us with purchasing a commercial investment property. Prosper Group really helped guide us through the ups and downs of finding, negotiating, analysing and successfully purchasing an investment that satisfied our requirements.

Prosper Group’s experience and expertise kept us ahead of the market and helped us be competitive in a strong market. They also provided us with a diversified search covering all of NSW and QLD which ultimately led us to buy a property in Brisbane when we were originally only considering Sydney and the Newcastle region. Although this was a new market for us Prosper Group made us feel comfortable with the area and the property and we achieved a better result than the properties we were considering in Sydney.

We valued and enjoyed the education on industrial properties throughout the search, and appreciated the market background intelligence so as we could reassess our strategy in moving market conditions.

We are happy to have Prosper Group as our property adviser and asset manager.


Norris Family

Medical centre leased for 15 years to ASX listed medical operator

Prosper Group found us an off market commercial investment property, which meant that we didn’t have the pressure of competing against other buyers to secure the property. The transaction was handled in a very professional way from negotiations through to a successful settlement, keeping us informed at every stage of the process.

Even when a few challenges arose during the transaction their knowledge and expertise allowed us to make informed decisions on important issues.

We were very happy with the acquisition service that Prosper Group provided and now have them as our asset manager to assist us in obtaining the best long term value out of this property.


Robert Lin
Director of Lin Holdings Pty Ltd