Large Industrial Warehouse with Long Term Lease

The Details

Location: Moreton Bay, QLD

Type: Industrial Warehouse

Purchase Price: $3,000,000

Net Rent: $175,000

Net Yield: 5.83%

Cashflow: $38,500 (70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth) $158,500

Lease: 4 year lease with 2 x 4-year options

Total area: 1,300 sqm with 4,011sqm land

WHY WE LOVE THIS PROPERTY:

Access via multiple container-height roller doors

Hardstand area for truck manoeuvrability

Metal-clad, clear-span warehouse

Secure facility