
High-yielding commercial asset
This commercial property was recently secured off-market by Rethink Investing’s acquisition team for our client. The investment clears over $184,000 in passive income for the new owner – after 100% of outgoings and 70% of the mortgage costs at the current interest rates.
We helped our valued client secure this fantastic investment fully leased with A-grade tenants, including Suncorp Bank, Queensland Country Bank, The Investment Collective and The BBQ Box. This is our clients’ first purchase with Rethink Investing, and they were looking for a high-yielding asset with a low-risk profile. This asset was perfect as the types of tenants in this building have strong trading histories and have never missed a single payment.
The building will also have significant depreciation benefits due to the building being only nine years old.
report, bank fees)
Purchasing Costs
Key Highlights
• Building Area: 990m2
• NLA: 1,771m2
• Modern building built in 2013
• Multiple tenants – national brands
• Annual income: $341,425.75pa net + GST
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