SouGHT After Site in West Brisbane, QLD

The Details

Type: Industrial

Purchase Price: $1,025,000

Net Rent: $59,000

Net Yield: 5.8%

Cashflow: $44,000 per year (70% loan @ 2.5%)

Lease: Fresh 5+5 year lease

Net Lettable Area: 2,033 sqm

Demand is high for this type of site - other companies offered to take over the lease and relocate current tenants

Central location with great access to Brisbane and Darling Downs (mining)

Large concrete and gravel hardstand offering versatility

Huge warehouse with office space/showroom at the front of the property

Within a busy commercial/industrial precinct

Surrounded by residential which increases demand / reduced oversupply