JUNO Spring 2019 - The Property Issue

Page 35

Success on every level. Established in 1986, Viranda is a privately-owned property investment and

Client: “The Opportunity Seeker”

management company with a proud heritage. Regardless of whether you’re a

15 years ago, on behalf of this client we acquired a

first time investor or have an established portfolio, Director Oliver Wills

property

explains how Viranda can act for you.

Unexpectedly, the tenant went into liquidation. Once the

in

a

successful

industrial

precinct.

building was vacant, we took the opportunity to manage Spanning commercial property investment advice,

a refurbishment project to gain maximum leasing

acquisition, property and/or project management, our

potential and overall asset value. Before the works were

focus is on healthy returns and minimal risk. Over 33

completed, we sourced and signed-up a high quality

years we have acquired more than 600 properties for

tenant. Rent increased from $105,000 to $122,000 per

clients throughout New Zealand. Our involvement also

annum on a new five-year lease, which added $300,000 in

covers large, mixed-use land development projects

value directly from our input.

which are set to provide exciting new communities throughout the nation, across multiple sectors.

Client: “The Big Aspirer” We have been acting for this client since the late 1980s.

Results for all ages and stages.

Initially, the portfolio was four small investments with a

We have built wealth and financial freedom for hundreds

focus on the retail sector. Through active management

of clients. Below is a snapshot of success stories from

we have spread the assets across all sectors and

people we have helped, many who are just like you. We

increased the portfolio value to approx. $25m. Control of

look forward to writing your story next.

this significant portfolio has now been passed down to their children who we continue to act for today.

Client: “Starting Out”

Throughout the changing markets we have identified the

This couple were curious about commercial investment,

right timings to capitilise on exciting opportunities.

and with no experience in this area they came to us for advice. We considered several properties against a range

Your Story Here

of criteria and desired returns. The right ‘jewel in the

To get the best result in any market, good advice and

crown’ was an initial cornerstone investment of

securing the right asset is crucial. Contact us to help.

$800,000. We negotiated the purchasing terms, progressed due diligence and achieved a successful

oliver@viranda.co.nz

acquisition. Five years on, our client now lives overseas

021 276 8559

and we continue to manage the property and have grown their portfolio with further assets.

3 Byron Avenue, Takapuna +64 9 486 1761 www.viranda.co.nz


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