Leased and sold a property on behalf of a US-based client, with a sale price reflecting 196% of its book value. The property included 2 secure industrial buildings located adjacent to the Defence Force airfield, with adjoining developable land. This was part of a portfolio rationalisation exercise and was sold in December 2021 for AUD5.9m against a book value of AUD3m.
- Undertake building works to ensure compliance.
- Install a formal lease over the property.
- Sale of the property.