$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 I had bought 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

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

Prosper Group’s transaction management allows their client to focus on their own day to day activities

Prosper Group assisted us in purchasing an investment property in Gosford. They handled the transaction in a very professional way from negotiations through to a completion, and they kept us informed at every stage of the process.  The fact that Prosper Group handled all aspects of the transaction and were available at any time meant that we were only required to put in a minimum amount of time and effort, which helped us stay focussed on our own day to day activities.

Prosper Group’s acquisition service provided us with the peace of mind that the property we purchased is a good long term investment, and we have also engaged Prosper Group’s asset management term to assist us in obtaining the best long term value out of this property.


Shaji Mundattu

New industrial strata unit in Newcastle growth area

Communication has always been detailed, every step of the process has been handled professionally, my own time involvement has been minimised.

I look forward to working with Prosper Group on a continuing basis to develop a property investment portfolio.


Dr Nicholas Wilkes
AMA 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