High Yield QLD Warehouse with Future Upside

The Details

Location: Moreton Bay, QLD

Type: Industrial

Purchase Price: $1,600,000

Net Rent: $100,000

Net Yield: 6.25%

Cashflow: $26,200 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $122,200

Lease: brand new 3 years lease

Total area: 1,494 sqm on 2,018 sqm of land.

WHY WE LOVE THIS PROPERTY:

Freehold warehouse

Huge power supply with massive internal supply throughout.

Future upside for rental increase and redevelopment.

Street frontage