Modern Sunshine Coast Industrial with Triple Net Lease

The Details

Location
Moreton Bay, QLD
Type
Industrial
Purchase Price
$1,080,000
Rent
$55,892.40
Yield
5.17%
Cashflow
$11,752 (70% loan at 6.5% interest rate)
Total Return (incl. capital gains)
$65,752 (cashflow + 5% growth)
Lease
3-year lease expiring 2027 with 1 x 3 year option
Total Area
309 sqm

Why We Love This Property

  • Triple net lease
  • Located within one of Australia’s mostly tightly held markets
  • Huge depreciation benefits
  • Lots of long term tenants within the complex
  • DD picked up mezzanine isn’t approved but obtained insurance to cover the risk
Need Help?

Other Recent Acquisitions

  • Retail/Office
    Purchased For $1,675,000 – Going concern
    Location: Frankston, VIC
    Net Yield: 5.62%
    Learn More
  • Commercial
    Purchased For $2,800,000 Going concern
    Location: Brisbane, QLD
    Net Yield: 5.51%
    Learn More
  • Duplex
    Purchased For $795,000
    Location: QLD
    Net Yield: 5.86% gross
    Learn More