Property Details
Building type: Medical
Building area: 363m2
Land area: 1,776m2
Purchase DetailsPurchase price: $1.0 million
Net passing yield: 7.6%
$/m2 building area: $2,755/m2
$/m2 land area: $563/m2
Property Features
100% leased to two long standing medical tenants
Large land area with future redevelopment potential
Located 1km north of Gosford CBD
Tenancy Details
WALE: 4.4 years
Net passing income: $76,729
Net income, $/m2: $211/m2
Tenancies: 100% leased to 2 tenants
How Did Prosper Group Assist Their Client?
Prosper Group used their experience and knowledge of the market to negotiate a $100,000 saving for their client off the purchase price, which was more than the cost of Prosper Group’s fee.
Prosper Group managed the entire transaction including initial due diligence, negotiations and conducting a thorough due diligence analysis. This saved their client considerable time and effort, and also gave them the peace of mind that all aspects of the transaction were handled professionally and on time.