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Excited to share the acquisition of a premium commercial property in North Queensland, secured off-market for one of our clients!
Our team reviews hundreds of off-market investment opportunities weekly, ensuring we consistently offer premium acquisitions to our clients. Investments like this are highly sought after, offering significant upside potential, strong yield, income diversity, and capital growth opportunities.
Strategically positioned just 5 minutes from the Airport and less than 10 minutes from the CBD, it provides excellent accessibility and is poised to benefit from the area's continued growth. The onsite car park, with 27 spaces and a diverse range of tenants ensures this is a dynamic and secure investment for our client. The net income generated is $258,402.49 per annum, with annual rental increases ranging from 3% to 4%, ensuring continuous growth for our client.
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Purchasing Costs
Key Highlights
- Brand new commercial asset (Construction completed October 2023)
- Strategically positioned in a rapidly expanding area
- A-grade facilities
- Five brand-new leases (Chiropractor, Psychologist, Occupational Therapist, Café, and a clothing store)
- Air-conditioned white shells, complete with dedicated disabled bathrooms and staff rooms
- 27 car spaces
- Net income: $258,402.49 per annum
- Annual rental increases: 3% - 4%
Get in touch
If you’re interested in joining the lucrative world of commercial property, contact us now.
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