Purchased

Entry level industrial complex

  • Long standing tenants on a 2+2 year lease
  • Purchase price of $465,000
  • Entry level asset

Building Type: Industrial Complex
Building Area: NLA: 155m2

Land Area: 200m2
WALE: 2

How we helped this client

Our valued client was a first time commercial investor. They needed our help securing a property that would give them the comfort of easy relatability. We found this perfect off-market industrial asset for them and carried out 100% of the due-diligence. It passed our rigorous process from a numbers, tenant, lease and building point of view. Purchased in a booming industrial market off-market and below market value price, assets like this currently sell for under 6% net so we delighted in securing this asset considering its strength and that of the market.

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