Case Study

King IT

Industry: Technology

Assignment: Lease Renewal

Objective: Our objective was to negotiate favourable new Lease terms on our clients’ existing site at Caloundra, which would meet the requirements of the business into the immediate future. Our objective was to negotiate the lowest possible rent whilst maximising the incentives and assistance from the Landlord.

Result: We achieved a total saving of $64,817 over the 5 year Lease period plus other beneficial Lease terms.

  • Net rent savings $61,730
  • Annual rent reviews from 10% > 2%
  • Marketing Levy savings $3,087
  • Site Survey Fees not charged
  • No Personal Guarantee

What our client had to say….

“Kelly was amazing in negotiating my lease.

My landlord was being belligerent and demanding unfair increases, she was able to handle them professionally and precisely to ensure that they did not screw me and got a fair outcome for both parties saving me $50K.”

Patrick

Contact our team today if you want us to bring savings and added value to your next Commercial or Retail Lease 1300 356 702.