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