BOOMING TENANT IN PET INDUSTRY WITH BONUS EXCLUSIVE USE AREA

The Details

Location: Moreton Bay, Brisbane, QLD

Type: Off Market Commercial

Purchase Price: $720,000

Net Rent: $42,370

Net Yield: 5.9%

Cashflow: $15,950 per year (70% loan @ 5.5%)

Lease: 2 years remaining lease with option of 2 x 3 year leases

Total area: 200sqm

Brand-new development constructed in 2018/2019

Easy access to the Brisbane CBD, Port of Brisbane, Bruce Highway, International airports,

Rent review annually with an increase of 3%

In popular industrial catchment area

Very secure tenant in the booming pet industry

Bonus exclusive use area which can be added to net leasable area in future