This is our client’s first purchase with us. They were not content with the returns they saw in residential, so they looked towards commercial property to build a passive income. Due to their own success in running a successful business, they were a cash buyer, allowing them to act quickly on the right deal.

After looking at many deals over six months, we landed this one. They liked the strong return, secure tenant, new warehouse, high depreciation benefits and easy re-lettability. They are now planning on looking for commercial property number two to continue to build on their passive income goals.

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