Purchased

Industrial investment with national business tenant

  • Purchased off-market 6.25% net return
  • Annual Net Rental: $114,000 pa + GST + Outgoings
  • National Business with a 5 + 5 year lease

Building Type: Industrial
Building Area: 790m2

Land Area: 1215m2
WALE: 4

How we helped this client

For our client’s first purchase with us, they were interested in a blue-chip location and freehold industrial investment close to the CBD. We sourced this incredible asset just 13km from the CBD. Purchased off-market, it comes with a 5+5 year lease to a national business. We liked this property because of its exceptionally high yield for an inner city market and a long lease. The tenant had been there many years which gave us more confidence about the long term stability of the asset.

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