ISSUE 167 | MARCH 2024 | 02 9630 8000 | PAGE 10 BAWDENS ASSET MANAGEMENT Asset Management Abandonment to Revitalisation We strive to provide successful outcomes for our clients. When we were contacted by our new client and were advised that their selfmanaged asset was in disarray due to abandonment and damage caused by the tenant, we quickly set out to mitigate further loss and revitalise the premises. Some owners are not aware of the coverage in their insurance policies and the extent to which they can claim. Following examination of our client’s policy we prepared a report, obtained several quotes, and swiftly invoked the owner’s insurance policy to secure full coverage for the incurred damages, allowing us to promptly initiate a comprehensive repair and rehabilitation program to restore the property to its optimal condition. Bawdens successfully launched a leasing campaign that attracted high quality tenants. Additionally, Bawdens was able to negotiate a new tenant that not only appreciated the property’s renewed appeal but also brought a much-needed positive energy to our client. This success story not only highlights our ability to navigate unexpected challenges but also underscores our commitment to proactive property management, turning adversity into an opportunity for growth and improvement. BAWDENS ASSET MANAGEMENT Asset Management Vacancy Rate Office Industrial Retail 3.28% 0.59% 3.57% FOR LEASE Villawood 1,520m2 approx. Secured Freestanding Industrial Warehouse • Fully automated security gates • External awning with 5.4m wide roller door access • 800 amps power supply (approx.) • Energy efficient LED lighting throughout Anthony Barbanera: 0410 914 662 James Zerefos: 0400 326 828 Where it all came from Internet Bawdens IPN Signs Clients 21% 33% 42% 4% FOR LEASE Parramatta 184m2 approx. Refurbished Warehouse • Easy access to main roads • Secured site • Wide range of users • Good truck access • Air-conditioned office • Located just off Victoria Road Terry Saba: 0416 175 009 FOR LEASE Seven Hills 247m2 approx. Industrial Warehouse • Street-exposure • Only 3 in complex • Dual driveway Khang Pham: 0449 931 818 Jarrad Love: 0408 817 025 FOR LEASE Auburn 300m2 approx. Designer Showroom and Office • 72m² high clearance warehouse • Downstairs fully air-conditioned showroom • Open plan office upstairs • Easy access and parking for customers Anthony Barbanera: 0410 914 662 Robert Ally: 0413 758 658 Simply search ‘Bawdens’ on YouTube. Subscribe to our YouTube • Stay informed • Find out what transactions we have just completed • Be up to date with the current market offerings
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