FREE STANDING WITH UNLIMITED POTENTIAL

The Details

Location: Brisbane, Qld

Type: Commercial

Purchase Price: $990,000

Net Rent: $60,000

Net Yield: 6.06%

Cashflow: $40,275 per year (70% loan @ 2.5%):

Lease: Brand new 2 year

Floor Space: 540m2 ground with 180m2 awning on 1,017m2 land

Why we love this property

Tightly held area, very low supply in the area

Rare free-standing industrial facility

Large concrete hardstand that can be used to store containers for additional income

Provisional to divide shed into 3 separate tenancies for future upside

To minimise vacancy rates negotiated with the current tenants the ability to downsize their tenancy so the property can be leased progressively