Summary
Despite a year of constant searching, a national company was unsuccessful in locating a suitable property for it to buy. Once they enlisted our services, Locate Negotiate provided the company with a comprehensive list of every building within Parramatta that matched their criteria. When we had compiled a short list of five buildings, we contact each owner to ascertain if they were interested in selling, and found one owner who was, once their tenant moved out.
Key Points
We were successful in negotiating a purchase price, with delayed settlement, based upon a below-market cap rate per square metre.