A stale listing. A missed lease option. And a quiet regional main street.

In this episode of the Andrew Wright Property Podcast, Andrew breaks down how a long-overlooked gym with two apartments above turned into a 9%+ net yield investment with three separate income streams and a low-risk tenant mix.

You’ll hear:

• How Andrew negotiated the price down $200K below ask
• Why understanding zoning and local knowledge gave him confidence to buy
• How a simple rent review on the residential leases boosted cash flow
• What to look for in a mixed-use property (and how to manage risk)
• The exact due diligence clause he used to secure the gym lease

This wasn’t a flashy development or value-add. It was just a smart buy and a reminder that good deals aren’t always found… they’re made.

🎧 Listen now and subscribe to get real-world strategies for finding and funding income-producing property.

🔗 Learn more or connect with Andrew:
https://www.professionalssouthport.com.au

What do you get when you combine four industrial sheds, an 8.5% net yield and a tenant who’s not going anywhere?

In this episode, Andrew Wright breaks down a standout industrial property deal in Hervey Bay where he bought four sheds with an anchor cold storage tenant, all for $2M under replacement value. Eighteen months later, the property was revalued at $1.89M, and Andrew pulled $200K in equity to fund his next play.

Inside the deal:

• How Andrew secured the asset below replacement cost
• Why cold storage assets are sticky, in-demand and undervalued
• What “replacement cost” actually means and how it can be your buying advantage
• The power of persistence: 20 vendor finance rejections before one “yes”
• How converting an extra shed to cold storage could add $500K in value
• What a quantity surveyor found: $68K in year-one tax deductions

Plus: Andrew shares the exact checklist he uses when buying commercial property, available now at professionalssouthport.com.au

Turning Dirt Into Dollars: The $1.15M Truck Depot With $550K Uplift

In a market where residential yields are squeezed and maintenance costs keep rising, Andrew Wright is building wealth with a very different strategy: Industrial Outdoor Storage (IOS).

In this episode, Andrew breaks down four real-world IOS deals, including one site he bought for $550K below land value, and explains how he's using this overlooked commercial asset class to generate double-digit returns with minimal overheads.

From zoning traps and development approvals to financing empty land and exit strategies, this is a complete walkthrough of how to turn underutilised dirt into serious commercial cash flow.

In this episode:

• What IOS actually is, and why demand is surging across Australia
• How Andrew bought 6 IOS sites in 12 months, including deals at $27/sqm
• The 3 grades of IOS (A, B, C), and how to match each with your investment goals
• Why banks won’t finance vacant land and how Andrew used private capital instead
• The real upside: long leases, low maintenance, and capital growth without buildings

📍 Build your strategy, not just your portfolio
🔗 Connect with Andrew at professionalssouthport.com.au