Opportunity, value-add and cash-flow!
This was our client’s first purchase through Rethink Investing. We helped complete all the due diligence on a property that had some minor challenges with a building/pest report and some missing rental paperwork. In the end, we secured a substantial discount for our buyer and they are now set up for some strong profit in the coming years.
Purchased off-market, we secured this incredible multi-tenanted investment with rent spread over 6 tenancies. There is a great value add opportunity to strata title the lot, giving the buyer the ability to sell individually. Presenting great cash flow and future add value. A great addition to their portfolio!
report, bank fees)
Purchasing Costs
Key Highlights
• Building Area: 1,397m2
• Land Area: 2716m2
• Net Return $128,223 p/a
• 6 tenancies, each with separate roller door access
• Opportunity to subdivide
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