Long Term Tenant in Place for 10 Years, $200 a week positive cash flow
Property ID: 17022865
Purchase Price $776K
Net Income $62,055 P.A.
Net Yield 8%
3 + 3 Year Lease, First Term ends September 2019
Tenant Pays all outgoings including land tax
3% fixed annual increases
This commercial space in New South Wales is leased to a tenant who has been in place since 2006. The property itself is a situated only minutes from the beach and an International Airport. The nearby business district has been proposed as a future CBD including upgrades to the motorway and infrastructure nearby.
Tenant in place since 2006
487m2 industrial facility
2 parking spaces
Fully fitted swimming facility approved for recreational use by local council
Strata title unit over two lots, ability to subdivide at a later date.
$200 a week positive cash flow*
Contact Yujin Yeoh on 0479 191 815 for more details.
* Figure is an estimate only based on a 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.