Modern Brisbane Industrial Unit with Strong Yield

The Details

Location
Brisbane, QLD
Type
Commercial
Purchase Price
$1,200,000
Rent
$72,000 per annum
Yield
6%
Cashflow
$22,400 net (70% LVR at 6.5% interest rate)
Total Return (incl. capital gains)
$82,400 (cashflow + 5% growth)
Lease
3-year lease from settlement
Total Area
240 sqm approx. + 7 car spaces

Why We Love This Property

  • 7 car spaces
  • Circa 2010 build
  • Existing business remaining from settlement
  • Annual fixed rental increases
  • 100% recoverable outgoings
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