A private client engaged Evoc to advise on the off-market sale of an investment asset in Varsity Lakes. The brief was to maximise value through discreet execution and senior relationships, without exposing the asset to the open market.
Varsity Lakes Investment Asset
An off-market sale at a record yield.
Challenge
The asset was tired and required capital expenditure. A short remaining lease impacted financeability, narrowing the buyer pool. Confidentiality was essential, and a traditional marketing campaign was unlikely to deliver premium pricing for a property in this condition.
Approach
We positioned the asset for a cash-buyer strategy, framing the narrative around value rather than perceived risk. A specialist agent with an existing cash-buyer network was engaged to access non-bank capital, and a curated buyer universe was approached directly. Competitive tension was generated entirely off-market, with premium positioning maintained throughout the process.
Outcome
A successful off-market sale at above-market pricing, executed on the vendor’s timeline with zero marketing spend. A record yield was achieved against precedent transactions in the precinct.
Client
Private Client
Location
Varsity Lakes, QLD
Service
Vendor Advisory, Off-Market Sale
Outcome
Above-market off-market sale, record yield