McGrath Commercial signs State Government Tenant on a 7 year lease

Recently negotiating a new lease agreement with Legal Aid for a 7 year lease, Drew Camm – Director of McGrath Commercial was excited to close the deal. “This is somewhat of a rarity in Toowoomba, securing a lease for this length of time and shows the values of the property located at 154 Hume Street, Toowoomba” Mr Camm stated.

McGrath Commercial’s negotiation and management expertise was sought by the owner to revive what had been a stalled and lengthy negotiation process. “Within days the details of the new lease agreement had been discussed via negotiations with myself, with both the tenant and landlord agreeing to the terms with a MOU quickly being signed by both parties.” Drew commented.

Drew continued “A 7 year lease from a Queensland Government Department, is quite a success that should be celebrated in the Toowoomba market.  An agent that has a strong understanding of a successful outcome for both sides of the agreement, the ability to produce a financial result and who is in the game for the long term should also be embraced. This really is a fantastic result for the Toowoomba Commercial market” . The 384m2 tenancy is now secured for both Legal Aid and the landlord.

If you would like to discuss the possibility of McGrath Commercial Toowoomba representing you, whether you are a tenant, owner or an investor please contact Drew Camm on 0432 055 250. Make sure to check out our Facebook Page – the Drew Camm Team – to keep up to date with the fantastic properties that we have available and information on the Toowoomba Commercial Market