A Local Council in regional NSW was considering selling a number of commercial and industrial assets, together with some development sites. NJ Lane Property Advisory was engaged to provide a property portfolio strategy and professional advice.

• Review of land title and tenure for each property.

• Physical inspection of the improvements.

• Report and commentary on the condition of the improvements, risks and recommendations on critical repairs.

• Identification of potential redevelopment / alternative use opportunities and constraints within the current zoning and proposed re-zoning.

• Recommended due diligence checks and expert 3rd party reports prior to marketing.

• Engagement of an expert Valuer.

• Engagement of an expert Town Planner.

• Review of methods of various sale and recommendation on the most appropriate method of sale.

• Review of opportunities and risks of sale and lease-back proposals.

• Estimated marketing and disposal budget for each property.

• Recommended order of sale and estimated campaign timing.

Our advice was delivered to our client in a professional report for the use of the Councillors to assist in their decision making process. Nick also appeared at two Council meetings to participate in question and answer sessions with

Councillors regarding the report and recommendations. Effectively, NJ Lane Property Advisory brought many complex moving parts together for our client and provided a clear and simple pathway forward.