Multi-Tenanted Industrial in Prime Location

The Details

Location: Brisbane, QLD

Type: Industrial

Purchase Price: $9,300,000

Net Rent: $491,892.34

Net Yield: 5.29%

Cashflow: $43,229 70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $508,229

Lease: Multi-tenanted across 6 different tenancies

Total area: 3,181 sqm

What we like about this property: 

Multiple streams of income with multi-tenancy

In highly sort after location

Multiple offices, boardroom and storage