THE HOLY GRAIL – FREEHOLD & MULTI TENANTED ON SECURE LEASES
The Details
Location: Toowoomba, QLD
Type: Off-market Commercial
Purchase Price: $2,400,000
Net Rent: $172,000
Net Yield: 7.1%
Cashflow: $135,000 per year (70% loan @ 2.5%):
Lease: 3 + 3 + 3 year lease
Site Area: 3,000m2
Building Area: 1,700m2
Why we love this property
First time on market in two decades
Three tenants on long secure leases with options
Huge 30m frontage in thriving industrial precinct
Multi-industry and diverse tenants
Outstanding road, rail and air connectivity
Medium impact industrial zoning, suitable for a range of future users