Vacant Posession Brisbane Industrial Purchase with $500k of uplift

The Details

Location
Brisbane, QLD
Type
Commercial
Purchase Price
$2,500,000 + GST
Rent
$167,440 + Outgoings + GST (new lease secured 2 months post settlement)
Yield
6.7% net with new lease in place
Cashflow
$68,690 per annum (70% LVR at 6.5% interest rate)
Lease
Brand new lease secured 2 months post settlement

Why We Love This Property

  • 644 sqm net lettable area plus 9 car spaces
  • Brand new 2025 construction
  • Purchased vacant at well below market rates
  • New tenant identified within 2 months of settling at $260/m2
  • Secured exclusively Off Market
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