THE HOLY GRAIL – FREEHOLD & MULTI TENANTED ON SECURE LEASES

The Details

Location: Toowoomba, QLD

Type: Off-market Commercial

Purchase Price: $2,400,000

Net Rent: $172,000

Net Yield: 7.1%

Cashflow: $135,000 per year (70% loan @ 2.5%):

Lease: 3 + 3 + 3 year lease

Site Area: 3,000m2

Building Area: 1,700m2

 

Why we love this property

First time on market in two decades

Three tenants on long secure leases with options

Huge 30m frontage in thriving industrial precinct

Multi-industry and diverse tenants

Outstanding road, rail and air connectivity

Medium impact industrial zoning, suitable for a range of future users