OFF-MARKET MULTI-TENANCY PROPERTY, WEST BRISBANE

The Details

Off-market multi-tenancy property - $170,000 cashflow positive property per year!

Location: West Brisbane, QLD

Type: Off-Market Commercial

Purchase Price: $3,125,000

Net Rent: $220,000

Net Yield: 7%

Cashflow: $170,000 per year (70% loan @ 2.5%)

Lease: Both tenants on 5 year leases

Floor Space: 2921 sqm lettable area

Dual tenants

Both with 5-year leases

High yielding at 7% net yield

Multi-industry tenants, health, retail and industrial

Freestanding and development potential

Value add potential such as solar panels on roofs, smaller tenancies and more