Purchased

Multi-tenant Freehold Investment

  • Dual tenant industrial warehouse and commercial building
  • Net income of $767,000 (after 100% of outgoings including mgt fees and land tax)
  • Location: Brisbane, QLD
  • Ability to add additional GFA (STCA)

Building Type: Industrial and Commercial
Building Area: 5,465m2

Land Area: 13,500m2
WALE: 7.9 Years

This highly desired dual tenant industrial warehouse and commercial building is located 14km from the Brisbane CBD. With multiple tenants providing a strong cash flow, this property holds the potential for long-term growth. The rental income for both tenants is subject to CPI increases, which currently stand at almost 7%. This indicates rapid rental growth. With a weighted average lease expiry (WALE) of nearly 8 years, this property presents a significant opportunity for capital appreciation.

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