Mixed Use | North Lakes, QLD | $6,150,000 | Net Yield: 6.43%
A premium multi-tenanted commercial investment located within the North Lakes Business Park. The modern two-storey freehold asset occupies a substantial 1,533m² allotment and provides 1,249m² of total building area with 897m² of net lettable space. Anchored by a diversified mix of essential service tenants, the property delivers a secure income stream with built-in annual rent reviews.
Well positioned for access across South East Queensland via the Bruce Highway, the asset benefits from proximity to major retail amenity and strong local workforce catchments. The building offers quality inclusions, abundant on-site parking, rentable storage sheds and minimal immediate capital expenditure requirements, making it a low-maintenance investment with clear upside from rental growth.
Key Highlights
- Purchase Price: $6,150,000
- Net Yield: 6.43%
- Net Lettable Area: approx. 897 sqm
- Total Building Area: approx. 1,249 sqm
- Land Area: approx. 1,533 sqm (freehold)
- Tenure: Freehold
- Tenants: Mix of essential service providers including Safe Places, Family First Care, One Step Two Step and Black & More
- Lease Reviews: Built-in annual increases of 3% or CPI
- Car Parking: 27 on-site spaces
- Additional Income: Nine rentable storage sheds
- Zoning: Commercial / Business Park
- Minimal immediate capital works required
report, bank fees)
Purchasing Costs
MORTGAGE COSTS
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