Sub $800,000 Purchase in Sought After Area

The Details

Location: Gold Coast, QLD

Type: Commercial Purchase Price: $790,000

Net Rent: $45 000

Net Yield: 5.7%

Cashflow: $33,500 per year (70% loan@ 2.5%):

Lease: 3 + 3 year lease Net Leasable Area: 230m2

A solid mix of tenants in a complex shows the versatility

A tenant has occupied the premises for a solid 15 years

Very central sought-after commercial locations are on Gold Coast

Plenty of parking allocation and secure fencing around the perimeter

Located 1 minute from the M1 with easy access on & off North and South