
Industrial investment with national business tenant
For our client’s first purchase with us, they were interested in a blue-chip location and freehold industrial investment close to the CBD. We sourced this incredible asset just 13km from the CBD. Purchased off-market, it comes with a 5+5 year lease to a national business. We liked this property because of its exceptionally high yield for an inner city market and a long lease. The tenant had been there many years which gave us more confidence about the long term stability of the asset.
report, bank fees)
Purchasing Costs
MORTGAGE COSTS
Key Highlights
• Building Area: 790m2
• Land Area: 1215m2
• Purchased off-market 6.25% net return
• Annual Net Rental: $114,000 pa + GST + Outgoings
• National Business with a 5 + 5 year lease
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