The award-winning sales and leasing team at Ray White Commercial Bayside sold this 9,838m² site to new owners in mid-2021. With multiple buildings and a total NLA of 1,480m², the property was subject to a number of short term leases to tenants who had been in place for an extended period, and no longer presented to a standard commensurate with the new property owner’s requirements.
Working closely with our highly skilled Property Management team, we were able to progressively vacate those legacy tenants, clean the site, and conduct some broad ranging repairs and maintenance to restore the facilities to a more appropriate standard.
Following completion of the improvements, we undertook a customised leasing campaign and successfully re-let all 6 yards on significantly more favourable terms, providing the lessor with a much stronger investment.
If you’re looking for assistance with buying, selling, leasing or managing commercial property in Brisbane’s eastern suburbs, call the team at Ray White Commercial Bayside today to find out how we can help you reach your commercial property goals.
In the heart of the thriving Underwood Industrial Estate, 1 & 2/20 Darnick Street stood as a pair of overlooked gems – two 300m² units, each with 30m² mezzanines, waiting for their potential to be unlocked. The property’s owner was blissfully unaware of the untapped value within his premises until … Read more
RWC Bayside had been long-term property managers of the commercial property at 96 Redland Bay Road, Capalaba, and following an unfortunate turn of events including the passing of one of the original owners, Nathan Moore was entrusted with the task of selling the unique showroom in the heart of SEQ’s … Read more