Strong 12 Year Long Term Tenant Bringing In 7% Net Yield
Property ID: 19258935
Purchase Price $1.8M - $1.9M
Outgoings $16,526 p.a + GST (100% paid by tenant)
Net rent $129,024 + GST
Net Yield 7% (Estimated)
Term: 3 years (Ending Sept 2019)
Options: 3 Years
Annual Reviews: CPI
High return commercial investment in a thriving location.
964m2 Building size.*
Freshly Painted 12 months ago
Positive cash flow investment.
The tenants have been established at this location for 12 years and have significant capital invested into their operational setup. Located in metropolitan SE QLD in a strong commercial hub and close to all major infrastructure.
The building can easily be split into smaller tenancies if required as it is provided with ample parking, multiple entrances and neat configuration.