Address: Suite 201, 490 Pacific Highway, St Leonards NSW 2065
Date: February 2020 - July 2021
Type: Office
Services: Acquisition, Project Management
Description: Located in Mirvac’s St Leonards Square development, Bramford settled on this off-the-plan office suite in February 2020. Intended as a company head office & co-working space, Bramford project managed the design and fitout which included five separate offices, a boardroom, open plan area, custom made joinery, reception and kitchenette. Bramford selected the property due to the recent growth and future master planning around the St Leonards area, as well as the transitional shift of businesses towards city fringe locations. This investment strategy was proven true just over 12 months later when Bramford sold the property in July 2021 to an owner occupier, with the sale representing a 40% increase on initial purchase price.
Purchase Price: $1,860,000
Sale price: $2,605,000
Capital Appreciation: 40%