Background
Our client, a commercial property developer, approached us with a challenge. They were looking to purchase a property that currently housed a residential care facility and were faced with the prospect of paying a hefty $100k in stamp duty.
Helping A Developer Save $100k in Stamp Duty
Problem
The client was in need of a solution that would help them save money on the purchase of the property without sacrificing their plans for developing it.
Services Delivered
Adcocks Conveyancing was able to deliver significant value to the client by providing the following services:
• Thoroughly evaluated all property-related documents to fully understand the situation
• Took the time to comprehend the client’s vision and plans for the property
• Carefully analysed all legal and financial implications of the sale to ensure the best outcome for the client
• Actively sought out opportunities to save the client money, such as through the stamp duty exemption application
Outcome
Thanks to our hard work and expertise, we were able to successfully lodge an application with Revenue SA for a stamp duty exemption on behalf of the client.
Bottomline
At Adcocks Conveyancing, we understand that every client has unique needs and goals. That’s why we work tirelessly to understand your plans and advise on the best course of action for a positive outcome. Our goal is to help you save money and achieve your goals, and in this case, we were able to do just that. Contact us today to see how we can help you with your next property transaction.