Prime Location, Prime Tenant: Diverse Opportunities Await

The Details

Location: Brisbane, QLD

Type:   Off Market Commercial

Purchase Price: $1,580,00

Net Rent: $97,290

Net Yield: 6.16%

Cashflow: $35,568 per year (70% loan @ 5.5%)

Lease: 4.5 year remaining on lease and below average compared to current market, room for increase on next renewal

Total area: 839 sqm land /two separately titled units of 396 sqm and 443 sqm

 

Why we love this property

Premium industrial precinct of Willawong, just 21km to the Brisbane CBD.

Units can be separated and leased separately in the future

4.5 year remaining on lease and below average compared to current market, room for increase on next renewal

Lease has 4.5 years to run with company that is Nationally run organisation