No items found.
Back to properties
Purchased

Supermarket Anchored Convenience & Medical Centre.

Windaroo Village Shopping Centre is the epitome of convenience with a fantastic tenant mix. Sold off-market exclusively through Rethink Investing. An Incredible Mix of Essential Services:

• Supermarket

• Medical Centre

• Chempro Chemist

• Liquorland

• Domino’s Pizza

• Bakery

• Barber

• Tobacconist

Purchase Details
Asking Price
11000000
Purchase Price
10400000
Deposit (assuming
65
% debt)
3640000
Stamp Duty
622030
Building Report*
2000
Solicitor Cost*
15000
Valuation*
8000
Other Fees* (Depreciation
report, bank fees)
Total Cash Required
4287030
Purchase Price + Purchasing Cost
11047030
Net Annual Cash Flow Return
670675
Net Yield on Property
6.45
%
Net Yield Accounting for
Purchasing Costs
6.07
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
4287030
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
422500
Return of Equity
(Pure cash flow return)
5.79
%
Return of Equity with a
5% Capital Growth Rate:
17.92
%
Return of Equity with a
7% Capital Growth Rate:
22.77
%
Return of Equity
10% Capital Growth Rate:
30.05
%
*approximate number

Key Highlights

• Windaroo Village Shopping Centre sits on 8,006m² of land

• Income of $670,675 per annum

• 220m of street frontage for excellent visibility

• Building Area: NLA 1,593m²

• A-grade tenancy mix suited for any economy

• 19.9% site coverage for potential future development

• Note the substantial value for tenants at $450-500/m² compared to nearby centers with rents at $800-$1000/m²

• Brand New Expansion: Adding a 436sqm Snap Fitness on a long-term 10-year lease until 2031 (plus options).

• Easy Access: Grade-level parking for 115 vehicles.

Get in touch

If you’re interested in joining the lucrative world of commercial property, contact us now.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

More Properties

Discover more examples of our commercial properties transactions.
Text Link