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Purchased

$250,000 in annual income!

Secured off-market by the Rethink Investing team for our valued client. The complex is well located on a main arterial road, with 84 metres of frontage and multiple vehicle crossovers. With over 27,000 vehicles passing daily. This is our client’s second purchase through Rethink Investing.

They were looking to build a large passive income through a strong multi-tenant investment. This property was perfectly suited to their goals. Even after the mortgage is paid this asset is clearing nearly $250,000 in annual income. It was a pleasure working with these clients and we can’t wait to do it all over again when the time is right.

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Purchase Details
Asking Price
5500000
Purchase Price
5250000
Deposit (assuming
70
% debt)
1837500
Stamp Duty
301553
Building Report*
1500
Solicitor Cost*
7500
Valuation*
6000
Other Fees* (Depreciation
report, bank fees)
Total Cash Required
2154053
Purchase Price + Purchasing Cost
5566553
Net Annual Cash Flow Return
342500
Net Yield on Property
6.52
%
Net Yield Accounting for
Purchasing Costs
6.15
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
2154053
Cost of Loan
(Assume
3
% pa on
70
% debt)
110250
Return of Equity
(Pure cash flow return)
11.15
%
Return of Equity with a
5% Capital Growth Rate:
23.33
%
Return of Equity with a
7% Capital Growth Rate:
28.21
%
Return of Equity
10% Capital Growth Rate:
35.52
%
*approximate number

Key Highlights

• Building Area: 4,150m2

• NLA: 1,300m2

• 9 tenants

• 84 metres of frontage

• Multiple vehicle crossovers

Get in touch

If you’re interested in joining the lucrative world of commercial property, contact us now.

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