Teamwork – C Property + C Property Management – We always put our clients first.
C Property’s leasing division has had a longstanding, fruitful association with the building, having leased the asset several times over the past decade.
Most recently in 2023, Nick Zervos and Aristotle Glaros were engaged by the owner to secure a whole-building user for this highly exposed and functional freestanding asset.
The pair swiftly negotiated a long-term lease with Chill for Autism, an NDIS-backed operator. This provided secure income of $271,387.79 net p.a. across the 812 sqm building, positioned on a strategic 977 sqm landholding with dual street frontages.
Once the tenant had settled into the building, our client decided to offload the asset and entrusted us to handle the sale. Following a four-week formal on-market campaign, we were able to negotiate a $4.7m deal with a local investor, reflecting a sub-6% net yield.
Antony Acutt, C Property Management Director and a veteran in the property management industry, was introduced to the owner and was able to negotiate a successful management agreement to ensure the asset performs at its highest potential.
From leasing to selling to managing, this case study is a true full-circle story – and a perfect example of the trust and reliability clients place in C Property & C Property Management to deliver across every stage of the commercial property lifecycle.
We look forward to showing you how we can achieve the same success for your asset.