What it Takes to Succeed?
We take this opportunity to share a further case study from our advertorial in the latest JUNO publication.
JUNO is New Zealand’s only premium investment publication. Covering all topics of the investment landscape, the magazine is beautifully designed and attracts a wide range of readers. We have always respected the quality of their product, so with the Spring edition focusing its commentary on property investing, it made good sense to be part of the action.
We centred our content around who Viranda can help and how ours is a very tailored approach to building wealth for clients. We also debunk the myth that commercial property investment is just for high net worth experts. The edition was a chance to share stories from clients’ with differing goals, yet all successful in their own right. Here’s a recap of just one story. To read the full article in JUNO, click here.
CLIENT: “The Opportunity Seeker”
15 years ago, we acquired a property on behalf of our client in the heart of a successful industrial precinct. Unexpectedly, the tenant went into liquidation. Once the building was vacant, Viranda took the opportunity to manage a refurbishment project to gain maximum leasing potential and overall asset value.
Before the works were completed, we sourced and signed-up a high quality tenant. Rent increased from $105,000 to $122,000 per annum on a new five-year lease, which in turn added $300,000 in value directly from our input.