PurchasedRare medical asset with long-term upside Net annual income of $72,100p.a + GST (this is after rental management and land tax) High levels of daily vehicular traffic New fit-out completed 2021 3+3+3 year net leasePurchase DetailsAsking Price$1,225,000Purchase Price$1,150,000Deposit (assuming 70% debt) - 30%$345,000Stamp Duty$50,872Building Report*$1,200Solicitor Costs$6,500Valuation$1,500Total Cash Required$405,072Purchase Price + Purchasing Costs$1,210,072Net Annual Cash Flow Return$72,100Net Yield on Property6.27%Net Yield Accounting for Purchase Costs5.96%Cash-On-Cash ReturnsDeposit Needed = 30% + Costs:$405,072Cost of loan (assume 6% pa on 70% debt):$48,300Return on Equity (pure cash flow return):5.88%Return on Equity with a 5% Capital Growth Rate:20.07%Return on Equity with a 7% Capital Growth Rate:25.75%Return on Equity with a 10% Capital Growth Rate:34.27%*approximate numbersBuilding Type: Retail Building Area: 340m2Land Area: 832m2 WALE: 2This was a rare chance to purchase an entry-level freehold investment off-market. The property is located in an area surrounded by many of the biggest brands (McDonalds, Aldi, Woolworths, Hungry Jacks, Big W, Pizza Hut, KFC, etc.) We believe this investment is under-rented, which implies long-term upside. Our Australian clients living abroad sought a secure, low-maintenance investment. This cost-effective freehold commercial property was ideal, as the rents were below market value, providing potential for increased returns when the lease expires. More properties Contact UsGet in touchIf you’re interested in joining the lucrative world of commercial property, contact us now.*required fields Name* first name last name Phone*Email* HiddenDate Lead Submitted DD slash MM slash YYYY CommentsThis field is for validation purposes and should be left unchanged.