Glenmore Road – Paddington

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A Japanese resident sought to purchase a commercial investment property as part of is wealth mix but also for tax purposes. To achieve the full benefit, the client required a property that was a minimum of 50 years old to provide a depreciation opportunity under Japanese tax law, supported by good growth prospects, as well as be readily lettable. This property on Glenmore Road Paddington at five ways met these requirements and we secured at auction and continue to manage the property on the clients behalf.

CLIENT TYPE:

Investor

SERVICE TYPE:

Buyers Agency

PURCHASE PRICE:

$2.17m

TRANSACTION TYPE:

Auction

ZONING:

Commercial

BEDROOMS:

BATHROOMS:

our services as it is about looking.

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