Hard to Find Gem! Extremely Versatile Investment Opportunity in Tightly Held Area

The Details

Location: Brisbane , QLD

Type: Off-Market Industrial Warehouse

Purchase Price: $500,000

Net Yield: 6.44 %

Cashflow: $11,150 (70% loan at 6.5%)

Lease: 2-year lease with 1-year renewal option.

Total Area: 110 sqm (building) + 36 sqm (courtyard)

WHY WE LOVE THIS PROPERTY:

Tightly held precinct where properties of this kind rarely become available

Located with excellent access to all arterial routes

An extremely versatile investment which would appeal to a multitude of tenants in the future

It is particularly tight for vacancy at the moment, with prospective tenants lining up for these types of properties