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Commercial Unit Returning 7.35% Net

Property ID: 17209305
Purchase Price $500K
Current Rent $36,750 net
Net Yield 7.35%
Leased until April 2018 + 3 Year Option
Rental increases of 3% per annum
Tenant pays outgoings
262m2


Tenanted by a growing business that recently moved to this premises as they needed more space. The business supples parts for the Marine and Heavy machinery industries.

The premises is located in an industrial park that is situated in 1 of Queensland's fastest growing regions. The premises has a rear roller door to allow access for clients and transportation of goods.

Estimated positive cash flow of 4101 per week.

Call Matthew Barnes on 0430 979 900 for further details.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 7.35%

Estimated Cash Flow: Positive Cash Flow of $101 per week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 7.35%

Estimated Cash Flow: Positive Cash Flow of $101 per week