Rare Opportunity in Popular Industrial
Catchment Area with Impressive Yield
The Details
Location: Brisbane, QLD
Type: Industrial
Purchase Price: $1,900,000
Net Rent: $120,000
Net Yield: 6.32%
Cashflow: $31,350
Total Return Including Capital Gains: Lease: (cashflow + 6% growth) $145,350
Total area: 431sqm + 150 sqm additional office space/mezzanine
WHY WE LOVE THIS PROPERTY:
Future value-add potential with the ability to strata title in the future and split into 4 tenancies
Located in the heart of a highly desirable commercial precinct with exceptional capital gain potential
All four units fully tenanted
Surrounded by national tenants such as Tyrepower, Betta Electrical, Harvey Norman and Australia Post