Testimonials

Divestment Planning — retail strip, Queanbeyan

The divestment timeline felt conservative at first, but it gave us room to negotiate lease extensions before we went to market. We sold above our internal reserve and avoided the rushed campaign our first agent had proposed.

— Helen M., owner of a four-shop retail strip

Acquisition Advisory — small office, Belconnen

They flagged a maintenance liability we had underestimated in the vendor's figures. That alone justified the fee, even though the report was not all good news. We renegotiated the price and proceeded with clearer eyes.

— David and Priya K., residential investors expanding into commercial

Portfolio Strategy Review — mixed holdings, Canberra and Cooma

Eleanor did not tell us what we wanted to hear about the Cooma unit. She laid out the holding costs against realistic rent and we decided to sell sooner than planned. The brief made the conversation with our accountant straightforward.

— Robert T., retired public servant with three investment properties

Portfolio Strategy Review — Gungahlin townhouses

The written action sequence was practical. We completed the maintenance items in the first quarter and refinanced on stronger numbers. I would have liked a bit more detail on agent comparisons, but the scope was clear upfront.

— Mei L., owner of two adjoining townhouses

Extended account: Preparing a strip for sale

A family trust held a three-tenancy retail strip in Fyshwick with one lease expiring in four months and a longstanding tenant paying below-market rent. The trustees were divided between selling immediately and waiting for a rent review.

Magnolia Way completed a divestment planning engagement over five weeks. The plan recommended negotiating a short extension with the below-market tenant to preserve income during the campaign, completing facade maintenance that photographs poorly, and listing in the second quarter rather than immediately.

The trustees followed the sequence. The strip sold six percent above the reserve with two competing offers. The below-market tenant remained through settlement under the negotiated extension.

Engagement: Divestment Planning
Timeline: Five weeks planning, seven months to settlement
Outcome: Sale above reserve with tenancy continuity through settlement