Deal Review: 6 tenants, vacancy and development potential
Don’t overlook opportunities like these.
I often see novice investors missing great opportunities on commercial deals simply because they haven’t asked the right questions.
This is a huge piece of land only 6km from the CBD with 6 tenants.
One way to create massive upside would be to speak to the council and find out what their plans are for the area.
If you can find this out first, it puts you in a position of leverage.
I’ll explain in detail in the video below.
Property link: https://www.commercialready.com.au/properties/117-125-toogood-road-cairns-qld-4868-26619
IM here: https://drive.google.com/file/d/1DqbuKckUlL9AdGeD43-H7woOFKm4GIr4/view?usp=sharing
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