Tightly Held Near New Industrial Unit With 3 Year Remaining

The Details

Location: Moreton Bay, QLD

Type: Off Market Commercial

Purchase Price: $935,000

Net Rent: $55,600

Net Yield: 5.95%

Cashflow: $20,500 per year (70% loan @ 5.5%)

Lease: 2 years remaining lease with option of 2 x 3 year leases

Total area: 256 sqm

Brand-new development constructed in 2018/2019

Easy access to the Brisbane CBD, Port of Brisbane, Bruce Highway, International airports,

Rent review annually with an increase of 2%

One of three units secured in the same complex off market due to our relationship with local agents

Key infrastructure project taking place to ensure long term sustainable growth in the region