Premium Industrial in Inner Sydney at Above 6% Net!
The Details
Location: Sydney, NSW
Type: Retail / showroom
Purchase Price: $1,150,000
Net Rent: $70,000
Net Yield: 6.09%
Cashflow: $13,475 (70% LVR @ 6.5% interest)
Total Return Including Capital Gains: (cashflow + 6% growth) $82,475
Total area: 198sqm
WHY WE LOVE THIS PROPERTY:
Premium location —close to Bunnings, in an industrial/ commercial
area with close proximity to motorways, and residential areas
Impeccably kept space
Brand new lease at 3x3 years