Commercial Property Acquisition

Commercial assets
selected on data.
Not stories.

A bespoke commercial acquisition practice for Australian investors. You work directly with the founders — and a Head of Acquisitions with a $30M+ commercial portfolio of his own.

View the Commercial Thesis

Engagements are limited. Most clients come to us by referral.

The group behind Ripehold

Built on more than a decade of data-led acquisition

5-year rolling sample · 2022–2026 The figures below are the window we optimise for — the same discipline the Thesis transfers to commercial acquisition. Our scale and track record extend well beyond this sample.

$634M+invested on behalf of clients
1,352properties acquired across Australia
$288M+in client wealth created
+19.0%median portfolio growth p.a. (5-yr rolling CAGR)

Aggregate, anonymised Ripehouse Advisory client portfolio data, 5-year rolling sample (2022–2026), as at June 2026. Group acquisitions predate this window. Past performance is not an indicator of future performance.

Our approach

Income you can defend.
Growth you can measure.

Tenant covenant first

Tenant quality, lease term and WALE ahead of headline yield. Durable income is the foundation.

Cap-rate discipline

We buy at prices the income justifies — benchmarked, not negotiated on narrative.

Data over stories

The Ripehouse research engine — supply, demand, infrastructure — applied to commercial submarkets.

Fully independent

No commissions from vendors, agents or developers. Paid by one party only: you.

The Ripehold Commercial Thesis — cover

Our Thesis

The Ripehold Commercial Thesis

Most portfolios stall because they're bought in the wrong order. The Thesis lays out the Legacy Sequence — how growth equity becomes durable, contracted income.

  • The Legacy Sequence — the order the wealthy buy in.
  • The method — why in commercial, the rent is the valuation.
  • Proof — real acquisitions under one discipline.
Download the Thesis

35 pages · PDF · sent straight to your inbox. No sequences, no spam.

Prefer to talk it through? Request a confidential conversation →

Case study — value-add in action

A sandstone landmark in the Hobart CBD

A mid-19th-century heritage corner building, acquired inside an SMSF. Not bought for its yield — bought for what disciplined repositioning can create.

Heritage sandstone corner building, Hobart CBD
Heritage • Mixed-use • CBD corner
$2.515MAcquisition price (SMSF)
~$10MEst. replacement value
478m²Building • 257m² land
4 of 6Tenancies active at settlement

The upside — income-led, not speculative

~$100KNet rent at settlement (p.a.)
$250K+Target net rent (p.a.)

In commercial, the rent is the valuation — lifting net income creates equity through active management, not market timing. Figures are the owners' stated strategy targets, not a forecast of returns.

The opportunity

Held by one owner for over two decades, the building had been allowed to drift — a rent roll operating well below its potential, with two of six tenancies vacant. The bones were exceptional: ground-floor retail, two levels of office and a full basement, in arguably the highest-premium foot-traffic position in Hobart, on the tourist route between the CBD and Salamanca, steps from the Supreme and Federal Courts.

The passing yield at purchase was sub-4% — sharp on paper. But the yield was never the thesis. The gap between current income and achievable income was.

The value-add strategy

Acquire quality below replacement cost, then engineer income. In commercial property, the rent is the valuation — so lifting net income directly creates equity rather than speculating on it.

  • Re-tenant vacant space with quality covenants — a law firm is taking half the top floor, with further office demand in negotiation.
  • Reposition under-utilised retail toward higher-value hospitality use.
  • Stagger lease renewals to build a durable, diversified income base.

How it works

A mandate, not a sales pitch

  1. 01

    Brief

    A confidential conversation — capital position, income needs, risk, horizon.

  2. 02

    Mandate

    A written acquisition mandate. You approve it before we search.

  3. 03

    Acquisition

    On- and off-market sourcing, due diligence, negotiation, settlement.

  4. 04

    Handover

    A clear asset plan — lease events, capex horizon, review triggers.

Who you're working with

Led by the people behind Ripehouse

Jacob Field

Jacob Field

Founder & Chief Executive

Founded the Ripehouse group in 2011. One of Australia's foremost property researchers.

Full bio

Jacob has been investing in property since the early 2000s, helping thousands of investors build portfolios from their first property to their fortieth. He has featured in API Magazine and across national property media, and leads Ripehold's commercial acquisition mandate.

Anna Cooper

Anna Cooper

Chief Operations Officer

A decade in property research and communications. Former Managing Editor, Australian Property Investor Magazine.

Full bio

Anna oversees Ripehold's client experience and operational discipline — ensuring every mandate is delivered with the same rigour that defines the group.

Hari Koesmarno

Hari Koesmarno

Head of Acquisitions

Data scientist. Built a $30M+ personal commercial portfolio on the strength of the numbers, not the story.

Full bio

Hari spent two decades modelling tax and private wealth for government, and applies statistical and machine-learning methods to asset selection. His frameworks — yield compression, the equity multiplier and the precedence effect — underpin every mandate. He replaced his salary with property income using the same discipline he now runs for clients.

Trust, transferred

Backed by 300+ five-star reviews

Ripehold is new, but the people and process behind it are not. In our clients' own words:

“What attracted me initially was their grounding in data and research. 12 months on, the property has performed really well — very happy with the results.”

Ian P.

“Very thorough, and moved quickly enough to keep momentum without rushing an important choice. We're confident to use them again and recommend them to friends & family.”

Olivia Foulds

“Second time we have dealt with Ripehouse. Always available, responded quickly, and their advice has improved our financial position.”

Sal D'Oca

Read the full reviews at Ripehouse Advisory →

Straight answers

What to know about commercial

Why commercial property?

Commercial assets typically generate higher net yields than residential and can deliver durable, lease-backed passive income. With the right tenant covenant and lease structure, income is contracted years in advance — and capital growth follows fundamentals, not sentiment.

How do you assess an asset?

Every acquisition runs through a structured due-diligence framework: tenant covenant and lease term (WALE), sector and submarket cap-rate benchmarks, outgoings and net-income integrity, building condition and capex horizon, and the demand drivers behind the catchment. We buy at prices the income justifies — not vendor expectations.

Do you take commissions from vendors or agents?

Never. We are fully independent and paid by one party only — you. Every recommendation is made in your interest, with no kickbacks from vendors, agents or developers.

Do you access off-market opportunities?

Yes. A significant share of quality commercial stock trades off and pre-market. Our network and mandate-led approach give clients access to opportunities before they reach open listings — with the analysis to move decisively when they do.

What size and asset classes do you work across?

Industrial, convenience and essential-service retail, medical and healthcare, and selective office. We tailor the mandate to your capital position, income requirements and risk tolerance — from a first commercial acquisition to portfolio-scale mandates.

Can I talk to someone before committing?

Always. Every mandate starts with an obligation-free conversation to understand your position and whether commercial property genuinely fits. No pressure, no hard sell.

Start the conversation

Considering commercial? Let's talk.

An obligation-free conversation — your position, your income goals, and whether commercial genuinely fits.

Request a confidential conversation

Or email hello@ripehold.com.au