This multi-purpose industrial warehouse/workshop was owned by Cris from Ozrite Blinds, a long-standing client of Jonathon Burrowes, Senior Sales & Leasing Executive at Ray White Commercial Bayside.
Jonathon and Cris began their commercial property partnership over 10 years ago when Jonno leased a humble 100m²* shed in Veronica Street to Cris and his fledgling business. The business continued to grow, as did the client-agent relationship, with Jonno selling the 350m²* strata titled property at 21/28-32 Smith Street to Cris in 2014.
After recently purchasing an even larger facility to accommodate his ever-growing business, Cris appointed Jonathon to sell the Smith Street property. Given the lack of industrial stock available at the time, Jonathon strategically listed the property without a price.
The professional marketing campaign had online portals dominating the channel mix, and generated 20 quality enquiries. Jonathon negotiated with interested parties, with the property selling to local investors for $640,000.
*Approximately
The sale of 79 Edith Street, Wynnum highlights the value of long-term relationships, strategic marketing, and local market expertise in achieving outstanding outcomes for property owners. The property was leased to a blue-chip tenant and offered a secure income stream. The ‘Major Centre’ zoning of the 465m² site also presented … Read more
The Old Courthouse at 149 Shore Street North, Cleveland is a landmark, heritage-listed waterfront property with a long history. For more than 20 years it had been leased to a single operator and traded as a well-known restaurant and wedding venue. Following unsuccessful lease renewal negotiations, the tenant exited the … Read more