VERSATILE & HIGH-QUALITY WAREHOUSE IN AUSTRALIA’S TIGHTEST INDUSTRIAL MARKET

The Details

Location: Sunshine Coast QLD

Type: Commercial

Purchase Price: $3,450,000

Net Rent: $210,000

Net Yield: 6.1%

Cashflow: $72,000 per year (70% loan @ 5.5%)

Lease: BRAND NEW 5 year lease + 2 x 5 year options

Building Area: 1,500 sqm

Total area: 3,100 sqm

Long-term lease with 3% or CPI annual increases

Located within Sunshine Coast’s premier industrial suburb

Provision for an additional 3 x roller doors

25 on-site car parks

Very strong tenant with multiple locations in QLD and strong presence in this area having operated at a nearby smaller site for over a decade

Significant power on site in conjunction with on-site generator

Previously tenanted by a food production business and now tenanted by a fabrication company, showing huge versatility!