RARE MODERN INDUSTRIAL UNIT IN TOOWOOMBA CBD

The Details

Location: Toowoomba, QLD

Type: Off Market Commercial

Purchase Price: $980,000

Net Rent: $59,000

Net Yield: 6.0%

Cashflow: $39,500 per year (70% loan @ 2.5%):

Lease: 2 + 2 year lease

Net Leasable Area: 500m2

Why we love this property

Negotiated $60k off purchase price during due diligence

Had previously unapproved mezzanine council certified during due diligence

Modern industrial unit close to CBD

6m high roller door

Mixed-use zoning