Background:

As part of a deceased Estate, our client was left with a varied, and complex, property portfolio that had originally been assembled by her husband. These ranged from commercial and residential investments to rural land.

 

Problem:

Management of these properties, especially maintenance, tenancy matters, land tax and falling overall yield, was becoming a burden for the client.

 

Given the client’s own stage of life, she wanted to simplify her life, to ensure her own cash flow, and to consider her own estate planning.

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Solution:

G&J took time to meet with the client and her accountant, as well as her financial planner and solicitor, to best understand her needs and desired outcomes.

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A detailed analysis was then conducted of all properties, taking into account current leases, potential net yield and future potential.

 

G&J then proceeded with recommendations on which properties to hold and which to sell.

 

Maintenance programs were arranged by G&J for those properties that were to be held.

 

With respect to the properties to be sold, G&J interviewed agents and provided marketing recommendations.

 

The client agreed with our recommendations and instructed us to immediately engage agents and manage the various campaigns.

 

Outcome:

The selected properties were each successfully sold, thereby simplifying management and freeing capital for the client to pursue other opportunities.