Successful Sale of 10 & 12 Bay View Terrace, Claremont.

Nov 30th, 2016

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Lease Equity

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Offered for sale by Public Auction the sale presented some difficulties with the tenant vacating in 4 months.

Lease Equity was able to demonstrate the strength of the location and the new tenancy potential as well as the upside from a future redevelopment of the property.

The auction was attended by 50 people and there were 3 active bidders with the property selling “Under the Hammer” and being relet within a month.

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