Large, Multi-Tenanted Retail with
Prominent Street Frontage

The Details

Location: Brisbane, QLD

Type: Multi-tenanted Retail

Purchase Price: $4,500,000

Net Rent: $282,449

Net Yield: 6.28%

Cashflow: $62,752 (70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth) $332,752

Lease: Multi-tenancy

Total area: 381 sqm building on 997 sqm land

WHY WE LOVE THIS PROPERTY:

Prominent street frontage

Fully leased suburban multi-tenanted retail centre with 7 tenants

12 on-site car parks in addition to an abundance of on-street parking

Tenant mix is a range of complementary businesses