First National Commercial has offices in 35 different regional centres across Australia plus the added strength of the entire First National Network. This is a huge operational network for marketing good regional assets.
The auctions are being held in Melbourne and will be scheduled for every second month with the first for 2019 being held on February 26th. Closing date for submissions will be 25th January and each auction will be limited to 15 properties Nationally.
When asked about the service National Commercial Manager Jonathan Walls said “There will be a diverse mix of affordable retail investments that will be marketed via our vast network of over 300 offices across Australia. The auctions will be conducted in Melbourne for a maximum of 15 investment properties, from across Australia, to a packed room of investors at the Grand Hyatt on Collins Street Melbourne”
Local First National Commercial operators David Forrest & Juliette Harper are very excited about the opportunity local owners will have to tap into a huge national investment market. When asked what sort of property will be taken for the portfolio auction Juliette said that “pretty much any price range will suit so long as the properties have good solid leases in place with strong tenants”.
Portfolio auctions are not new, but this is a first time a local company has been able to offer the opportunity to commercial investment property owners in the Cairns region. It also gives Cairns Investors the opportunity to invest Nationally.
If you would like more information about First National Commercial Portfolio Auctions, contact First National Commercial Cairns Principal on 0418897640 or Juliette Harper on 0403201456.