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Industrial | 33-37 Dalrymple Road Garbutt 4814 QLD Australia

Introducing a sensational high-yielding industrial investment opportunity at 33-37 Dalrymple Road Garbutt QLD 4814. Underpinned by a 3-year net lease with further 3-years options extending the lease to 2030 to a National Tenant. With an asking price of originally $3,175,000 (6.7%), this property offers impressive value, potential, highly exposed location and a sensational facility on 3,192 m2 of strategically positioned Medium Impact Industry freehold land.

Testament to the profile and strength of this tenancy and the location, this property is surrounded by several high-profile operators such as Spotless, KFC, Battery World, Tradelink, Aramex, Zambrero and many more.

Single-tenant investments positioned in high growth areas with net lease covenants via an established national tenants are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding investment opportunity with 7% net return.

Purchase Details
Asking Price
Purchase Price
3060000
Deposit (assuming
65
% debt)
1071000
Stamp Duty
Nil
156475
Building Report*
2500
Solicitor Cost*
5500
Valuation*
2000
Other Fees* (Depreciation
report, bank fees)
58140
Total Cash Required
1295615
Purchase Price + Purchasing Cost
3284615
Net Annual Cash Flow Return
214200
Net Yield on Property
7000.00
%
Net Yield Accounting for
Purchasing Costs
6.52
%
Cash-On-Cash Returns
Deposit Needed =
% + Costs
1295615
CASH FLOW AFTER
MORTGAGE COSTS
94860
Cost of Loan
(Assume
6
% pa on
65
% debt)
119340
Return of Equity
(Pure cash flow return)
7.32
%
Return of Equity with a
5% Capital Growth Rate:
19.13
%
Return of Equity with a
7% Capital Growth Rate:
23.85
%
Return of Equity
10% Capital Growth Rate:
30.94
%
*approximate numbers

Key Highlights

  • Located within the inner Townsville industrial precinct
  • Tenanted by a national tenant, 4WD Supa Centre
  • Land Area - 3,192 sqm*
  • Warehouse area - 1,600 sqm*
  • Administration area - 185 sqm*
  • Tilt panel concrete construction
  • Concrete hardstand
  • Fully fenced facility
  • Central location to transport routes
  • Fire sprinklers throughout the building
  • Air conditioned warehouse
  • Location: 3km* to The Strand - 4km* to Townsville CBD - 1km to* Townsville Airport

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