Retail Sales, Ray White Commercial Qld
Stephen specialises in the sale of retail related assets. This class includes shopping centres, service stations, bulky goods and development sites in Brisbane and the wider Queensland area.
Working with, and for, a wide range of clients including both institutional and private investors.
Stephen has an in-depth understanding of the retail market, allowing him to provide prudent advice incorporating:
- Site acquisition and disposal
- Sale negotiation and transaction
- Strategic asset positioning and repositioning
- Buy side investment advisory
- Portfolio sales and acquisitions
- Marketing campaign strategy and implementation.
Additionally, Stephen works closely with our retail leasing division to assist on proposed mixed-use and redevelopments catering to potential population growth.
Persistent and Tenacious 560 Anzac Avenue Rothwell To whom this may concern, I would just like to thank Stephen for his efforts selling our development site in Rothwell this year. You managed to achieve in 4 weeks, what we hadn’t been able to achieve in 18 months. It was a very successful marketing campaign with over 200 inquiries (the majority of these through direct canvassing) which proved that great exposure backed by the correct method of sale (auction) can both achieve and in this case, exceed the desired, results. By auctioning the property we ensured that buyers knew they were both in competition with others and on a deadline and therefore had to make a decision. We ended up selling prior to the auction following the receipt of an unconditional cash offer for the site which wouldn’t have happened if it had been an EOI or Tender. We have no doubt that it was through both your tireless work on the phones reinforced by the outstanding marketing both online and in the papers, ensuring that everyone in the market for a development site such as this in Brisbane, either was contacted directly or at least knew the property for sale. Thank you again for your persistence and hard work. I wouldn’t hesitate recommending Stephen to others. Kind regards Len Hoeksema Hooks Enterprises Pty Ltd as Trustee
Len Hoeksema - 560 Anzac Avenue Rothwell
RE: Marketing of The Forest Resort, We would like to take this opportunity to thank you for the professional and consistent manner in which you have presented and reported on the marketing for the above-mentioned property. It is a difficult market place and while we haven't been successful in placing the property, we are very satisfied with the professional manner in which you have presented our property. Keeping our stakeholders up to date with the marketing progress has been well received. The weekly reporting; meetings and your desire to maximize the price all give us comfort that you are acting on our behalf. Your persistence in following up leads and telemarketing your database will eventually lead to a sale and we thank you for a solid performance. Many agents stop working once the marketing campaign completes and it's a positive reflection on you that you have continued to present our property at every opportunity. Keep up the good work.
Mark Halle - 345 Queen Street Brisbane
Subject: Reference for Stephen Kidd I have known Stephen for several years now and can highly recommend him to any prospective vendor. He and I have been involved with numerous transactions pertaining to the sale of retail assets over the past four years. Such properties are: The Chinchilla Travel Centre, Ningi 7 Eleven at Bribie Island, 111 George St, Rockhampton, Green Valley 7 Eleven, plus a number of ongoing transactions. Stephens’s work ethic is exemplary; he is meticulous and is a true professional. His manner in dealing with all parties relating to the sale of each property he undertakes is of the utmost integrity and confidence which can only be gained by experience. He has a good reputation in the industry and is very resourceful in converting new leads to listings. He understands the market and enjoys the process of bringing both vendors and buyers expectations in line with this to facilitate and execute a sale. Our campaigns for the sale of the above assets were mainly expression of interest (one Auction), whereby a solid national and state marketing campaigns were conducted, which brought great interest in the properties. Stephen worked the buyers up to the level of the vendor’s expectations which resulted in these sales. I look forward to continuing working with Stephen on the current sales we have in play and any future listings. Regards David Anderson
Dear Stephen We take this opportunity to thank you for the hard work and persistence which you injected into the sale of this development asset. The personal canvassing of your investor database uncovered a well-qualified investor who, despite many obstacles, proceeded to settlement. Well done. We look forward to dealing with you on our next project – a substantially larger asset.
Joseph Sgro - Brisbane
Dear Stephen, Re: The sale of Parkland St Nundah We take this opportunity to thank you for your detailed appraisal of the property upon our appointment and considered recommendation of the best ‘go to’ market stagey. In particular, the recommendation to defer the sale campaign and invest time in conducting a leasing campaign first to secure a new tenant for the vacant space in order to then go to market with an improved fully tenanted asset to enhance the saleability and potential value of the property. By actively dealing with the vacant space to secure a nationally recognised tenant was very successful, as the expression of interest campaign had considerable interest and resulted in several suitable offers. Through your active campaign work and negotiations at offer stage, several parties increased their offers substantially resulting in a sale price in excess of valuation and our expectations. Your strategy achieved an improved result for us and our client.
Helen Newman - 10 Eagle Street Brisbane
Stephen assisted us at every stage of the sales process. He is very professional and a good negotiator .
Rebco Pty Ltd