Client Success Stories

The Engines of Wealth Buyer’s Agents have helped our clients secure $16,000,000 of quality commercial properties over the last 6 months. Below are some of the properties secured:

Properties Sold

Click any of the properties below to see all details.

West End Neighbourhood Centre - Brisbane CBD 3 Shops At 7% Yield

The Engines of Wealth team secured a block of 3 shops at 28 Duncan Street, Westend. The property was 2 years old and carried significant depreciation benefits. Excellent redundancy in rental streams and long leases were provided by the strong tenant mix of a real estate agency, café, and Night Owl supermarket. The property generates a healthy 7% cash flow return, with capital growth included our client is producing more than 10% annually on this investment.

“Phillips’s guidance in assisting me consider a Commercial property investment and then identifying suitable properties was invaluable. Phillip was then able to hold my hand through the due diligence and finalisation of the purchase, making the whole process extremely efficient, educational, and rewarding! I have no hesitation in recommending Phillips services whether you are new to Commercial property or already have extensive experience.”

Simon Kerry – GM Commercial & Finance – Infrastructure & Construction

Gold Coast Hearing - 7% Cash Flow Return For Coolangatta Medical

The Engines of Wealth team secured Shop 1 / 42 Marine Parade Coolangatta with a medical tenant having a long trading history at this location and a new 4-year lease. Sharing the ground floor retail area with a hairdresser, café, Ear Nose and Throat specialist and a GP, provides this tenant complementary businesses. Located 50m from the beach, on the corner of Coolangatta’s shopping strip, at 74 sqms this shop offers a diverse range of future retail uses. In the meantime, this shop generates a healthy cash flow return of over 7%.

“My recent investigations into investment options led me to explore commercial property. There’s not a great deal of educational material on the market but I did come across a comprehensive guide that I found invaluable, a book called “Engines of Wealth – Commercial Retail Shops” authored by Phillip King. What further impressed me was the material available on the Website and the fact I could actually book a one on one session with the author.

I found being able to read the book and then have a consulting session really helped me to understand this asset class. Furthermore, being able to utilise Phillip’s experience in finding me a quality investment property made the whole process stress free. I thoroughly recommend Phillip’s book and Buyer’s Agent services, it was great having him on my team!”

Rob Sundercombe – Coolangatta Hearing

Kuluin Pool Shop - 60 sqm Sunshine Coast Shop For Just $235,000

The Engines of Wealth team set a record with this investment, our buyer Valma was our oldest customer executing her first commercial investment at the ripe old age of 85, outstanding! The tenant operates a pool shop and Valma is now generating a cash flow return of 7% plus capital growth, much better than her money in a term deposit.

Popular Noosa Japanese Restaurant Purchased On A 6.8% Return

Securing Shop 3 / 14 Sunshine Beach Road our client has bought into the rapidly growing Noosa Junction. With over 200 stores and businesses, the Junction has become a premier business and food hub. The tenant has a solid trading history from this location and has lease options to 2033. Returning a cash flow positive 7% plus capital growth our client is generating over 10% per annum on their money.

Mt Gravatt Pizza – Brisbane Pizza For Under $400,000 At 7.3% Return

Our Engines of Wealth client was thrilled to secure this Pizza Restaurant for $380,000 at a 7.3% yield. The Mt Gravatt restaurant has been in operation for 30 years in this dynamic neighbourhood centre. Paninni’s is run by two brothers, is highly rated on social media, seats 40 people and offers boutique Czech beers. With a 5% annual rent increase and lease options to 2028, this is an investment that will keep improving.

“As a first-time buyer of commercial property, I needed someone to help remove the noise and guide me through the process to secure the ideal property. After reading Engines of Wealth I felt well informed, but having the co-author, Stephen Hains as my mentor gave me the confidence to review, question, and select a retail shop investment. My pizza shop was popular during the COVID storm, the tenant is great and pays rent early, plus with a 7.3% cash flow return and 5% annual rent increases, I will be enjoying the returns from this shop for many years to come.”

Alexandra Delien – Mt Gravatt Pizza Shop

Bulimba Skin Clinic – Brisbane Medical On A 7% Return

The Engines of Wealth team secured Lots 2 & 3 / 210 Oxford St, Bulimba, QLD, on a 7% return. The property carries excellent depreciation benefits having been built in 2014. The tenant, Australian Skin Clinic, is a proven health provider, with over 20 stores in Queensland and a 5-year trading history from this location. With a newly signed 5-year lease our client is looking forward to stable investment returns.

Currumbin Restaurant On The Gold Coast Purchased On A 6.8% Return

Our team know the Currumbin area well and were quick to secure the award-winning Allure restaurant on a new 5-year lease. The shop has excellent street exposure and is Ideally located in a busy tourist strip. The area also has many residential apartments providing a strong client base. This shop is a great size shop at 72 sqms, with 30 sqms of outdoor Alfresco dining area. Including capital growth, this shop is returning over 10% per annum to our investor.

Belconnen Centre In Canberra – 4 Shops, National Brands Purchased On A 7.8% Return

Properties under $1.5m in Canberra do not attract Land Tax or Stamp duty increasing our investors return. The Engines of Wealth team purchased 68 Emu Bank, Belconnen, ACT for a very healthy 7.8% return. The centre was a block of four shops with some excellent national brands including Crust Pizza and Subway. The key driver here is the adjacent University housing over 1,000 students, ensuring a busy dynamic.

Tewantin Fruit Shop Purchased On A 6.8% Return

The Tewantin Market Garden is a fruit shop operated by a mother and daughter team with over 25-years of experience. Purchased on a 6.8% return the Engines of Wealth team landed the main street asset opposite Woolworths. The business was settled during Covid-19 and being an emergency services business traded well throughout the lockdowns.

Mermaid Beach Shop – Outstanding 8.5% Cash Flow Return

The property at 3 Atlantic Avenue Mermaid Beach delivered our client a very healthy cash flow return – circa 8.5%. The shop is a generous 180 sqm’s and is located near the busy Gold Coast Highway, with 50,000 vehicles passing daily. The tenant, Dingoos Australia has 3 offices, Sydney, Melbourne, and Brisbane (Mermaid Beach), they provide Spanish and foreign students access to Australian Universities and jobs. The building has excellent depreciation benefits and 4% annual rental increases built into the lease. Including capital growth, our client is set to earn a staggering 12.4% return on his investment.


I engaged the Engines of Wealth team to acquire a commercial property, this was my first commercial investment. The early engagement was crucial to identify, target, and secure the business type, return, and location that would fit my risk profile. The advice was invaluable as there were a lot of variables identified that initially were not apparent. Some of these transpired into opportunities that may have remained unseen without their assistance. I worked with Phillip through the lending, acquisition, settlement, and establishment phases through which I was able to rely on both sound advice and solutions to problems as they arose. The Engines of Wealth service is invaluable, I would not hesitate to recommend them to anyone looking to invest in retail shops.

Paul Thompson – Commercial & Costal

The two things you want when investing is confidence and risk mitigation. The Engines of Wealth team bring that in spades thanks to their experience, contacts, and personal touch. Phillip’s research into the properties, tenants, and their businesses is second to none, the quality of the deals he brings is top-notch so you have the confidence to make decisions and move quickly. In a market considered to be quite risky by most, thanks to Phillip and the Engines of Wealth strategy it is now a cornerstone of my family’s investment strategy.

Bradley Swart