WELL-POSITIONED INDUSTRIAL UNIT NEAR BRISBANE AIRPORT
The Details
Location: Brisbane, QLD
Type: Off Market Commercial
Purchase Price: $1,050,000
Net Rent: $54,500
Net Yield: 5.2%
Cashflow: $35,000 per year (70% loan @ 2.5%):
Lease: 3 + 3 year lease
Net Leasable Area: 475m2
Why we love this property
Negotiated $20k off purchase price during due diligence
Bonus secure concrete laydown at the rear of the unit
Amenities on both levels
Excellent access to the Gateway Motorway and Port of Brisbane
Open plan office space with a boardroom and small office on the first level
Easy Transition Between Warehouse and Additional Office Space