McCullagh Property Group

McCullagh Property Group MPG specialise in the procurement and acquisition of property assets.

A diverse track record in the retail, industrial, commercial, residential, healthcare and SDA sectors provides MPG with an unparalleled platform to assist you in your next acquisition.

New Buyer Mandate - Multi-Tenanted Retail InvestmentAsset Type: Multi-tenanted retailLocation: South East Queensland Inv...
14/11/2024

New Buyer Mandate - Multi-Tenanted Retail Investment
Asset Type: Multi-tenanted retail
Location: South East Queensland
Investment type: Passive (3 year+ WALE)
Other considerations: High traffic exposure; Freehold
Budget: $4,000,000
Yield expectations: 5.5%+ net yield

Purchased off-market by Wayne & sonyatreloar as the future home to in a strategic move to enhance their presence in the...
13/11/2024

Purchased off-market by Wayne & sonyatreloar as the future home to in a strategic move to enhance their presence in the Chermside area.

This acquisition makes a statement to their clients and customers of their long-term commitment to the local community. We were given a very specific brief in a very specific location which meant there were limited suitable options available. We accepted the challenge and they have secured an asset for their business which is second to none.

What we liked:
- High profile location
- c. 530,000 vehicles passing weekly
- 640sqm multi-tenanted office creating opportunity to occupy and generate income
- 16 secure undercroft car parks
- Additional income through affixed billboard infrastructure
- 200m or less to national retailers including Aldi, Chemist Warehouse, JB HiFi and PetBarn
- 700m to The Prince Charles Hospital
- 1km to Westfield Chermside
- 8km to Brisbane CBD

specialise in the procurement and acquisition of commercial property assets. Get in touch to access SEQ’s best buying opportunities.

📸 mkemp.co

Who is MPG?Founded by Michael McCullagh, following 15 years in real estate agency, who identified a crucial component of...
26/09/2024

Who is MPG?
Founded by Michael McCullagh, following 15 years in real estate agency, who identified a crucial component of commercial property transactions was being heavily under-serviced, the buyer.

What do we do?
MPG specialise in the procurement and acquisition of property assets on behalf of our clients.

Who are our clients?
Predominantly private owner-occupiers, investors, and developers. Those who have the expertise but not the time, and some who have the time but still developing the expertise.

Why should we speak to MPG?
If you would prefer to focus your time on your core business or you are time constrained on project delivery and ex*****on to fill your pipeline or investment portfolio.
We act as your contracted Acquisitions Manager to scour the market to source the right asset for your requirements. You make money when you buy well, so having access to the best off-market opportunities is critical.

How do we get involved?
First we need to see if we will be a good fit, so contact us to we can see if we can add value for you.
...

Purchased by a local law firm to occupy in the heart of Brisbane’s Golden Triangle. They were attracted to the location ...
09/09/2024

Purchased by a local law firm to occupy in the heart of Brisbane’s Golden Triangle. They were attracted to the location and potential capital growth from the improved amenity anticipated from nearby Waterfront Brisbane development, CrossRiver Rail Albert Street Station and Naldham House refurbishment. Partially leased with options to 2029, provided a combination of positive cashflow and flexibility for future business growth.

Purchase Price: $1,275,000

What we liked:
• Secure 3 + 3 year lease to January 2029
• 247sqm* lettable area with 123sqm* river facing vacancy ready to occupy
• 2 car parks
• Located in Brisbane CBD’s Golden Triangle precinct
• 350m* to future Albert Street CrossRiver Rail Station
• 350m* to future Kangaroo Point Green Bridge
• 600m* to Queen’s Wharf Casino precinct
• Directly opposite Dexus’ $2.5Bn Waterfront Brisbane Development

McCullagh Property Group specialise in the procurement and acquisition of commercial property assets. Get in touch to access SEQ's best buying opportunity.

^Completed under RWC QLD

Purchased by a local private investor with an existing portfolio across the Sunshine Coast. They were attracted to the s...
09/09/2024

Purchased by a local private investor with an existing portfolio across the Sunshine Coast. They were attracted to the strong tenant covenant with future rent reversion and value add opportunities. A low site coverage of 35% as well as the high traffic exposure of the site also provided future development prospects.

Purchase Price: $3,525,000
Initial Yield: 5.51%

^What we liked:
• 4,000sqm* land area with major arterial traffic exposure
• 5 year lease term expiring 31/07/2025 (short term rent reversion opportunity)
• Below market rent
• 2 x 5 year options with market reviews
• Medium Impact Industry zoning
• Future development and expansion options (STCA) with only 35% site coverage

McCullagh Property Group specialise in the procurement and acquisition of commercial property assets. Get in touch to access SEQ’s best buying opportunities.

^Completed under RWC QLD

^Representing the purchaser who was a local developer seeking a small subdivision site in this off-market transaction. S...
09/09/2024

^Representing the purchaser who was a local developer seeking a small subdivision site in this off-market transaction.

Strategically located in one of Brisbane’s premier waterfront suburbs offering a quiet coastal lifestyle, and adjacent to the Brighton Hotel which is undergoing significant investment.

Purchase Price: $1,500,000

What we liked:
• 1,449m2* level site area
• Located 300 metres* from the Brighton foreshore
• 2-storey development potential STCA (potential bay views)
• Surrounded by numerous luxury residential properties
• Existing commercial shop and one bed post war dwelling
• Located within minutes to local schools, Shorncliffe Pier and the Sandgate town centre

McCullagh Property Group specialise in the procurement and acquisition of commercial property assets. Get in touch to access SEQ’s best buying opportunities.

^Completed under RWC QLD

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Brisbane, QLD
4000

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