Tier 1 Infrastructure with National Tenant on 5x5 Lease Term.

This is a truly blue-chip investment opportunity completed by the team rethink investing team. Brand new 5-year lease with Repco Group, backed by a global auto giant parent company, as added security. Net income of $225,000, offering a net yield of 6%.

The tenant pays all outgoings including land tax, strata fees and building insurance (excluding property management), which makes this a very attractive asset, along with 3% annual increases to the rent.

Key Highlights

  • Location: Launceston, Tasmania
  • Net income of $225,000 (after 100% of outgoings including mgt fees and land tax)
  • Building: 801m2 (built in 2010)
  • Other: Invaluable 37 car spaces on site including 3 on title
Purchase Details
Asking Price
$3,950,000
Purchase Price
$3,750,000
Deposit (assuming 65 % debt)
$1,312,500
Stamp Duty
$164,320.37
Building Report*
$1,200
Solicitor Cost*
$9,000
Valuation*
$4,000
Other Fees* (Depreciation report, bank fees)
$1,000
Total Cash Required
$1,491,020.37
Purchase Price + Purchasing Cost
$3,928,520.57
Net Annual Cash Flow Return
$225,000
Net Yield on Property
6.00 %
Net Yield Accounting for Purchasing Costs
5.73 %
Cash-On-Cash Returns
Deposit Needed = % + Costs
$1,491,020.37
Cost of Loan (Assume 6.25 % pa on 65 % debt)
$152,343.75
Return of Equity (Pure cash flow return)
4.87 %
Return of Equity with a 5% Capital Growth Rate:
17.45 %
Return of Equity with a 7% Capital Growth Rate:
22.48 %
Return of Equity 10% Capital Growth Rate:
30.02 %

More Properties

Discover more examples of our commercial properties transactions.

A property strategist smiling

Book a complimentary consultation

Enquiries

Book your initial consultation

The Concierge books your first call with a Senior Buyer Advocate in about two minutes, across commercial and residential investing, financing, renewables and insurance.

Book a consultation Enquire now

Or call 1300 965 551

  • Takes about two minutes
  • Monday to Friday, 9am to 5pm AEST
  • Reply within one business day