Remarkable Find: Proof that Quality Industrial Properties Under $500K Still Available in Brisbane!
The Details
Location: Brisbane, QLD
Type: Off Market Commercial
Purchase Price: $495,000
Net Rent: $30,000
Net Yield: 6.06%
Cashflow: $12,750 per year (70% loan @ 5.5%)
Lease: Bran new 3 year lease with 3 x 1 yr options
Total area: 165 sqm
Why we love this property
Front unit in the complex with the best exposure
Located within Brisbane’s northern growth corridor
Flexible layout which will suit a variety of future tenants
Fully net lease with ALL outgoings paid by the tenant including property management, land tax and owners insurance
Key infrastructure project nearby on Bruce Highway taking place to
ensure long term sustainable growth in the region