Entry level industrial complex
Our valued client was a first time commercial investor. They needed our help securing a property that would give them the comfort of easy relatability. We found this perfect off-market industrial asset for them and carried out 100% of the due-diligence. It passed our rigorous process from a numbers, tenant, lease and building point of view. Purchased in a booming industrial market off-market and below market value price, assets like this currently sell for under 6% net so we delighted in securing this asset considering its strength and that of the market.
report, bank fees)
Purchasing Costs
Key Highlights
• Building Area: NLA: 155m2
• Land Area: 200m2
• Long standing tenants on a 2+2 year lease
• Purchase price of $465,000
• Entry level asset
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If you’re interested in joining the lucrative world of commercial property, contact us now.