Boundless Potential in a Strategic Stronghold: A Multi-Tenanted Industrial Hub Primed for Optimal Yields

The Details

Location: Albury , NSW

Type: Commercial 

Purchase Price: $3,891,000

Net Yield: 6.40%

Cashflow: $65,079 (70% loan at 6.5%)

Leases:

Building A - 3 year lease with 1 x 3 year renewal option

Building B - 3 year lease

Building C - 2 year lease with 1 x 2 year renewal option

Building D - 3 year lease with 2 x 3 year renewal options

Total Area: 7,712 sqm Land / 2,813 sqm Building 

WHY WE LOVE THIS PROPERTY:

Rare opportunity to invest an industrial in a highly sought-after area 

Located in major regional city located between Sydney and Melbourne 

Well established tenants on long leases

Albury is an economy is diverse from major retail, commercial and industrial operations with a strong focus for manufacturing construction , logistics and health services

Potential to add another shed in the future

Strong yield which will push closer to 7% in early 2024