65% Value Add Potential and
Underlining $4M Land Value

The Details

Location: Brisbane, QLD

Type: Warehouse, Factory, Industrial 

Purchase Price: $4,850,000

Net Rent: $306,667

Net Yield: 6.32%

Cashflow: $72,659 70% loan at 6.5%

Total Return Including Capital Gains:  (cashflow + 6% growth) $315,159

Lease: 4 tenancies sold as one property 

Total area: 1,738 sqm on 3,448 sqm land

What we like about this property: 

Renovators dream with value add upside

Underlining land value of $4m!!

Multiple streams of income from 4 tenancies

Potential value of $7.5M (if warehouses were rebuilt to tilt panel)