Retail investment property is a sought after asset class and generally tightly held by sophisticated property investment groups.
McKenzie Hall have been responsible for the sale of a number of retail investment properties. These have included undeveloped land appropriate for retail development, bulky goods retail homemaker centres, shopping centres and individual retail shops.
The approach taken by McKenzie Hall to the sale of retail properties is somewhat different to general real estate agents. Due to McKenzie Hall's intimate knowledge of retail property the approach taken is not to simply advertise a property to the general market but to undertake an audit of the properties existing position and then review what opportunities are available to enhance the property. This approach assists potential buyers to recognise and understand the existing position of the property and options for the future.
Once this process has been undertaken then a target list of potential buyers is developed. As McKenzie Hall is operating exclusively in the retail property sector the potential buyers are already generally known. It is a matter of undertaking a targeted approach to match the most appropriate buyer to the property on offer.
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