Undervalued Industrial in Brisbane with Massive Rental Upside

The Details

Location: Brisbane, QLD

Type: Off Market Commercial

Purchase Price: $630,000

Net Rent: $36,050

Net Yield: 5.72 %

Cashflow: $8,943 (70% loan at 6.5%)

Lease: 3 Year Lease + 3 Year Option 

Total area: 300 SQM

WHY WE LOVE THIS PROPERTY:

Suits wide range of tenant uses

Versatile floor plan      

Property has strong versatility and will appeal to a multitude of future tenants

Fantastic value due to the under rented lease and sale price.