Multi Tenant Retail Asset | $8,750,000 | Net Yield: 6.81% | Coastal Investment
This premium freehold investment offers exceptional income security, diversified tenant profiles, and strong capital growth potential. Located in a thriving coastal region supported by residential development and infrastructure investment, it represents a strategic addition to any high-performing commercial property portfolio.
report, bank fees)
Purchasing Costs
MORTGAGE COSTS
Key Highlights
• $605,090 net annual income (from July 2025) delivering a 6.81% net yield
• 1,086m² net lettable area on a 4,550m² freehold corner site with low 24% site coverage
• Fully leased to global and national tenants: 7-Eleven, Domino’s, Snap Fitness, and Detox Zen
• Long WALE of 8.13 years (by income) with fixed 3% and 2.75% annual rent increases
• Prime triple street frontage spanning 186 metres with 48 on-site car parks
• Constructed in 2022 with significant depreciation benefits - 54% of first year rent potentially tax free
• High exposure location with 10,000+ vehicles passing daily
• Opposite major new community infrastructure and future retail precinct
• Situated within a growing master planned residential community of over 2,000 homes
• Median house price in the immediate area rose 27.8% over the past 12 months
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