In this episode, Andrew Bean shares an in-depth look at his newest self-storage value-add project located on the Central Coast of NSW. Building on the success of his previous $5.7M to $8M transformation in Wollongong, Andrew walks us through how he sourced this underperforming asset, structured the deal, and is rapidly increasing its value through smart operations, automation, and future development potential.

Key Takeaways:

• The Self-Storage Strategy: Why industrial self-storage is Andrew's current investment focus and how it compares to SaaS-style recurring revenue businesses.
• Sourcing the Deal: The importance of long-term agent relationships and how patience and timing landed this opportunity.
• The Numbers: Purchase price at $3.2M, with an $81K increase in NET income already—boosting the property’s value by $1.3M within 8 months.
• Hands-On Value Add: Learn how Andrew cleaned up an overgrown site, implemented a management system, improved occupancy to 98%, and prepared the property for expansion.
• Future Upside: Plans to add 26 portable units and a full first-floor development, projecting the property’s value to hit $8M–$9M.
• The Deal Structure: How Andrew negotiated a win-win for all parties involved—sellers, agents, and property managers—using a creative license fee and option fee model.

Resources & Links:

• Connect with Andrew: andrewbean.com.au
• Email Andrew: ab@andrewbean.com.au
• Interested in joint ventures or value-add projects? Reach out to discuss upcoming opportunities.

Join the Community: Want to partner on future self-storage deals or learn how to apply these strategies to your own portfolio? Get in touch and see how you can get involved.

Check Out Our YouTube Channel Click HERE

HOSTED BY: Andrew Bean

Ph: 0410 694 633

Website: www.andrewbean.com.au

Email: ab@andrewbean.com.au

YouTube: @andrewbean28

LinkedIn: http://linkedin.com/in/andrew28

Download your FREE DIY Cash Flow Kit!

Start crunching numbers on your next Property like a PRO!

Click to Download: www.andrewbean.com.au

What’s Included:

• Cash Flow Calculator

Crunch the numbers & calculate returns on your next property deal.

• Inflation Risk Analyser

Figure out when your deal doesn't make sense if interest rates continue to rise.

• Value Add Calculator

Calculate to the exact dollar how much value you can add to your next deal.

FACEBOOK GROUP - Commercial Property Community Australia https://www.facebook.com/groups/commercialpropertyshow

The Commercial Property Show Website

www.commercialpropertyshow.com.au

SHOW CREATED BY THE COMMERCIAL PROPERTY SHOW NETWORK

FOLLOW THE COMMERCIAL PROPERTY SHOW NETWORK ON

COMMERCIAL PROPERTY SHOW WEBSITE #commercialproperty

www.commercialpropertyshow.com.au

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APPLE PODCAST #andrewbean

https://podcasts.apple.com/au/podcast/commercial-property-show-australia/id1500207613

PODBEAN LINK #investing #commercial

https://andrewbean.podbean.com

In this episode of the Commercial Property Show, host Andrew Bean welcomes back experienced investor and syndicate manager Brian Sullivan for an in-depth discussion on the state of Western Australia’s property market—from booming residential growth to the realities of investing in commercial assets across the state.

Brian shares valuable, on-the-ground insights into:

• The current dynamics in WA’s residential and commercial markets
• The impact of interest rates and capital growth on commercial yields
• Which sectors are performing best
• Why industrial property has matured, and how Brian shifted strategies accordingly
• A deep dive into the childcare sector, including an inside look at a new acquisition and syndication structure
• The real risks of investing in mining towns versus city-based commercial assets
• How Perth has evolved economically and demographically to withstand potential mining downturns

Brian also outlines how he conducts due diligence, raises capital, and structures syndicates for reduced risk and long-term growth.

Whether you’re a new investor trying to make sense of cap rates, or a seasoned buyer exploring specialty sectors like childcare or bulky goods retail, this episode offers grounded, real-world perspectives from a leader with over $100M under management.

Check Out My YouTube Channel Click HERE

HOSTED BY: Andrew Bean

Ph: 0410 694 633

Website: www.andrewbean.com.au

Email: ab@andrewbean.com.au

YouTube: @andrewbean28

LinkedIn: http://linkedin.com/in/andrew28

Learn more about Brian Sullivan and Sullivan Property Consultants: 🌐 sullivanproperty.net.au 📧 admin@sullivanproperty.net.au 📞 (08) 9438 1599

Download your FREE DIY Cash Flow Kit!

Start crunching numbers on your next Property like a PRO!

Click to Download: www.andrewbean.com.au

What’s Included:

• Cash Flow Calculator

Crunch the numbers & calculate returns on your next property deal.

• Inflation Risk Analyser

Figure out when your deal doesn't make sense if interest rates continue to rise.

• Value Add Calculator

Calculate to the exact dollar how much value you can add to your next deal.

FACEBOOK GROUP - Commercial Property Community Australia https://www.facebook.com/groups/commercialpropertyshow

The Commercial Property Show Website

www.commercialpropertyshow.com.au

FOLLOW THE COMMERCIAL PROPERTY SHOW NETWORK ON

COMMERCIAL PROPERTY SHOW WEBSITE #commercialproperty

www.commercialpropertyshow.com.au

FACEBOOK GROUP – Commercial Property Show Community #commercialrealestate

https://www.facebook.com/groups/commercialpropertyshow

FACEBOOK PAGE – @commercialpropertyshow #property

https://www.facebook.com/commercialpropertyshow/

INSTAGRAM - @commercialpropertyshow #realestate

https://www.instagram.com/commercialpropertyshow/

TWITTER - @compropertyshow #selfstorage

https://twitter.com/compropertyshow

APPLE PODCAST #andrewbean

https://podcasts.apple.com/au/podcast/commercial-property-show-australia/id1500207613

PODBEAN LINK #investing #commercial

https://andrewbean.podbean.com

In this exciting episode of The Commercial Property Show, hosts Andrew Bean and special guest James Hyndes dive deep into the world of real estate investment. James is the founder of Redhill Partners, a real estate investment group with a whopping half a billion dollars in commercial property assets under its control. He’s built a reputation for spotting incredible opportunities in the marketplace, and today, he’s sharing the secrets to his success.

What we’ll discuss in this episode:

• How James built Redhill Partners into a powerhouse with half a billion dollars in assets
• Redhill’s approach to dynamic pricing and operational efficiency in the commercial property and motel market.
• Sourcing labour and overcoming challenges in staffing and operation.
• Navigating market complexities and spotting opportunities in competitive environments.
• Investor returns at Redhill—around 8-10% per year—and how they manage to achieve a 10% cap rate.
• Capex and replacement costs: How Redhill handles long-term investment planning and asset management.
• Minimum motel room requirements and why they’re crucial to Redhill’s business strategy.

Whether you're a seasoned investor or just starting out, this episode is packed with invaluable insights that can help you make smarter investment decisions. Plus, James opens up about the impressive returns investors see at Redhill and how they keep things running smoothly despite the challenges.

Check Out My YouTube Channel Click HERE

HOSTED BY: Andrew Bean

Ph: 0410 694 633

Website: www.andrewbean.com.au

Email: ab@andrewbean.com.au

YouTube: @andrewbean28

LinkedIn: http://linkedin.com/in/andrew28

Download your FREE DIY Cash Flow Kit!

Start crunching numbers on your next Property like a PRO!

Click to Download: www.andrewbean.com.au

What’s Included:

• Cash Flow Calculator

Crunch the numbers & calculate returns on your next property deal.

• Inflation Risk Analyser

Figure out when your deal doesn't make sense if interest rates continue to rise.

• Value Add Calculator

Calculate to the exact dollar how much value you can add to your next deal.

FACEBOOK GROUP - Commercial Property Community Australia https://www.facebook.com/groups/commercialpropertyshow

The Commercial Property Show Website

www.commercialpropertyshow.com.au

SHOW CREATED BY THE COMMERCIAL PROPERTY SHOW NETWORK

FOLLOW THE COMMERCIAL PROPERTY SHOW NETWORK ON

COMMERCIAL PROPERTY SHOW WEBSITE #commercialproperty

www.commercialpropertyshow.com.au

FACEBOOK GROUP – Commercial Property Show Community #commercialrealestate

https://www.facebook.com/groups/commercialpropertyshow

FACEBOOK PAGE – @commercialpropertyshow #property

https://www.facebook.com/commercialpropertyshow/

INSTAGRAM - @commercialpropertyshow #realestate

https://www.instagram.com/commercialpropertyshow/

TWITTER - @compropertyshow #selfstorage

https://twitter.com/compropertyshow

APPLE PODCAST #andrewbean

https://podcasts.apple.com/au/podcast/commercial-property-show-australia/id1500207613

PODBEAN LINK #investing #commercial

https://andrewbean.podbean.com