Entry Level Industrial Property in a Great Location
The Details
Location: Moreton Bay, QLD
Type: Industrial
Purchase Price: $500,000
Net Rent: $25,688
Net Yield: 5.14%
Cashflow: $3,654 70% loan at 6.5%)
Total Return Including Capital Gains: (cashflow + 6% growth) $28,654
Lease: 3 year lease
Total area: 168 sqm
What we like about this property:
Access to warehouse via electric container height roller door
Excellent internal height throughout the warehouse area
Air-conditioned office/reception area at the front of the tenancy