The sale of the commercial property at 22–24 Bainbridge Street, Ormiston represented a significant milestone for a long-term client of RWC Bayside. Having been under the same ownership for many years and professionally managed by RWC Bayside throughout that period, the asset was exceptionally well maintained and demonstrated consistent performance. When the owner decided to divest as part of a broader retirement strategy, our team was entrusted to handle the sale process.
A comprehensive four-week on-market campaign was launched to position the property effectively to a targeted buyer pool. The campaign generated solid enquiry levels and genuine interest from multiple parties. While a few unforeseen hurdles extended the process beyond the initial four weeks, RWC Bayside maintained strong momentum and consistent communication with all stakeholders, ensuring the campaign retained its integrity and competitive edge.
Ultimately, the sale became a two-horse race between qualified purchasers. Both were well informed and motivated, creating a healthy level of competition that led to an outcome aligning with the vendor’s expectations. The successful buyer moved quickly to contract the property on short terms, supported by RWC Bayside’s continued assistance throughout the due diligence process. This proactive approach ensured a smooth transition to settlement and upheld the professional standards our clients have come to expect.
Following the sale, RWC Bayside was retained by the new owner to continue managing the property – demonstrating confidence in our management expertise and providing continuity for both the tenants and incoming landlord. We have also continued to work closely with the new owner, providing guidance and assistance in the acquisition of new commercial sites to enhance their evolving investment strategy.
The sale of 22–24 Bainbridge Street reflects RWC Bayside’s end-to-end capability across commercial property sales, leasing, and management. Our team’s local knowledge, transparent communication, and strategic campaign delivery helped achieve a strong result for a valued long-term client.
For expert advice on your commercial property sales and leasing requirements, contact Nathan Moore at RWC Bayside.
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Nathan Moore – 0413 879 428
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