Freehold Industrial With No Stamp Duty & Land Tax
The Details
Location: Canberra, ACT
Type: Industrial
Purchase Price: $1,900,000
Net Rent: $124,200
Net Yield: 6.54%
Cashflow: $32,298 70% loan at 6.5%)
Total Return Including Capital Gains: (cashflow + 6% growth) $127,298
Lease: Secure 10-year lease
Total area: 576 sqm
What we like about this property:
No stamp duty & land tax
Freehold Industrial property
Blue chip tenant
High clearance warehouse throughout with roller door