30 day commercial property settlement

Overview 

An experienced business owner and investor identified an opportunity to acquire a distressed commercial property in the Pilbara. With strong long-term potential and a quality tenant in place, it was an opportunity worth pursuing.

Challenge 

The challenge was securing funding quickly in a difficult lending market. The client engaged PKF Lending Solutions to help navigate the acquisition and provide certainty before entering the bidding process.

Several factors added complexity to the transaction:

• Funding certainty was required before participating in a silent auction
• The client's existing bank was unable to support the purchase
• Lender appetite for commercial property in the region was limited
• A change in tenancy created additional considerations for funders.
• Settlement needed to be completed within a tight timeframe.

Without the right funding strategy, the client risked missing a valuable investment opportunity.

Our approach

We worked with the client to position the opportunity effectively and engage the right lenders. 

Our team:

• Completed due diligence before the auction process
• Engaged multiple lenders to create competition and improve terms
• Negotiated favourable lending structures and pricing
• Secured indicative approval before the client submitted a bid

By taking a proactive approach, the client was able to enter the auction process with confidence.

Outcome

The client successfully acquired the property and achieved settlement within 30 days of the successful bid. PKF Lending Solutions secured $1.72 million in finance, providing the certainty needed to complete the purchase and capitalise on the opportunity.

Today, the client owns a strategically located commercial asset supported by a high-quality tenant and strong long-term growth prospects.

Key results 

Property value :  $2.65 million

Finance secured : $1.72 million                                                              

Settlement achieved : 30 days 

Result : Funding approval obtained before bidding, enabling a confident and successful acquisition.

Reach out to the PKF Lending Solutions team to discuss your financing requirements. We work alongside you to identify, structure and secure lending solutions that support your personal or business goals, providing clear advice and guidance throughout the process.