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Purchased
An office and warehouse investment opportunity in Queensland
Off-market property for a client' a fantastic freehold office and warehousing facility, located 5 minutes from Townsville's CBD! Situated in a highly sought-after commercial precinct boasting a low vacancy rate, this investment promises long-term growth.
This property offers a NET Annual Income of $150,000 p.a + GST (post-rental management and land tax).
Purchase Details
Asking Price
2200000
Purchase Price
2000000
Deposit (assuming
70
% debt)
600000
Stamp Duty
104641.3
Building Report*
1000
Solicitor Cost*
7500
Valuation*
2500
Other Costs*
45800
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
2200000
Total Cash Required
761441.3
Purchase Price + Purchasing Cost
2161441.3
Net Annual Cash Flow Return
150000
Net Yield on Property
7.5
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
6.94
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
761441.3
Cost of Loan
(Assume
6.5
% pa on
70
% debt)
91000
Return of Equity
(Pure cash flow return)
7.75
%
Return of Equity with a
5% Capital Growth Rate:
20.88
%
Return of Equity with a
7% Capital Growth Rate:
26.13
%
Return of Equity
10% Capital Growth Rate:
34.01
%
*approximate number
Key Highlights
- Prime industrial/office freehold investment
- Well-presented internal office
- Built: 2016-2018
- NLA: 808m2*
- Brand new 3-year lease
- Ample onsite parking bays
Get in touch
If you’re interested in joining the lucrative world of commercial property, contact us now.
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