This is what we call A GRADE Industrial
The Details
Location: Brisbane, QLD
Type: Off Market Commercial
Purchase Price: $1,537,500
Net Yield: 5.53%
Cashflow: $11,644 (70% loan at 6.5%)
Lease: 5 year lease expiring 2028 with 1 x 5 yr option
Total Area: 326m2 of building on 413m2 of land
WHY WE LOVE THIS PROPERTY:
Near new and high quality industrial building
National tenant with high quality fitout on a long term lease
Extremely tightly held suburb just 8km from Brisbane Airport
Secured exclusively off market through a trusted agent
5% fixed increases and a triple net lease!!