Freestanding Blue Chip Multi Tenanted Retail

The Details

Location: Brisbane, QLD  

Type: Off Market Commercial 

Purchase Price: $2,000,000

Net Yield: 6.67%

Cashflow: $37,148 (70% loan at 6.5%)

WALE: 1.6 years with 3 out of 4 tenants having 3 and 5 yr options

Total Area: 250m2 of building on 615m2 of land 

WHY WE LOVE THIS PROPERTY:

Rare inner Brisbane character commercial property

4 x long term tenants in a range of different industrieSurrounded by high quality and expensive residential properties with high household income

Secured exclusively off market through a trusted agent

Located on a corner block on a main arterial road into Brisbane CBD