Call us:
1800 600 890
Offmarket

8% Net Return, CBD Location

Property ID: 16552945
Purchase Price $1.015M
Net Rent $81,259 P.A + GST
Net Yield 8%
2 Years of Lease Remaining + a 3 Year option

New modern fit-out;
CBD Location in Qld;
Close to rail and bus;
4 on-title basement car parks + basement visitor parking;
High quality medical tenant;
Business has been established for more than 20 years;
4% Annual Rent Increases built into the lease;
Has Staff room, Kitchen, Storage room, Toilets and Communications room;

Set and forget positive cash flow investment in a CBD location. The tenants, who have been established for more than 20 years, have recently spent around $150K on a modern fit out and signed a new 5 year lease less than 12 months ago.


Income

Rent $97,660
Car parking $6,720
Total $104,380

Outgoings

Rates $4,618
Water $1,845
Body Corporate $16,028
Insurance $631
Total $23,121


Call Matthew Barnes on 0430 979 900 for more details.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 8%

Estimated Cash Flow: Positive $454 Per Week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 8%

Estimated Cash Flow: Positive $454 Per Week