Client Acquisitions
2 Clay Place, Eastern Creek NSW
$13,325,000
Investment Rationale
We were engaged by a passive investor seeking to redeploy capital from a recent asset disposal into a modern, hands-off investment. 2 Clay Place presented a compelling opportunity to acquire an A-Grade industrial facility with prominent exposure to passing trade in Eastern Creek — widely regarded as Australia’s most core and connected industrial precinct. The asset was secured at sub-replacement cost.
Our principal’s deep familiarity with the asset — having previously transacted the land, leased and managed the premises across multiple engagements — provided a distinct informational advantage throughout the acquisition process.
Post-acquisition, we appointed leasing agents and oversaw a formal marketing campaign that secured a new 5-year lease at a record market rental for the precinct, achieving full lease-up prior to settlement.
2 Penny Lane, Burleigh Heads QLD
$10,000,000
Investment Rationale
We were engaged by a private investor seeking value-add opportunities. Specifically, we were pursuing opportunities that contained a large land holding, in key locations — ideally well below replacement value.
We located an asset compromised by a long term lease that ticked all the boxes. Through comprehensive, complex and protracted negotiations we acquired a key site in arguably the Gold Coast’s most blue chip industrial suburb at sub $1,000psm. Several comparable sales in the nearby area exceed $1,500psm.
The asset presents a clear value-add pathway upon lease expiry, with the potential to reposition, redevelop or re-lease at materially higher rates reflective of the site’s underlying land value. Given the continued tightening of industrial vacancy on the Gold Coast and sustained infrastructure investment in the surrounding corridor, the long-term fundamentals supporting this acquisition remain compelling.