PurchasedFreehold Industrial Strategically located Stable rental income Dual industrial propertyPurchase DetailsAsking Price$1,450,000Purchase Price$1,340,000Deposit (assuming 70% debt) - 30%$402,000Stamp Duty$57,575Building Report*$1,000Solicitor Costs$6,500Valuation$2,000Total Cash Required$469,075Purchase Price + Purchasing Costs$1,517,075Net Annual Cash Flow Return$94,269Net Yield on Property7.04%Net Yield Accounting for Purchase Costs6.21%Cash-On-Cash ReturnsDeposit Needed = 30% + Costs:$469,075Cost of loan (assume 6.25% pa on 70% debt):$58,625Return on Equity (pure cash flow return):7.6%Return on Equity with a 5% Capital Growth Rate:21.9%Return on Equity with a 7% Capital Growth Rate:27.6%Return on Equity with a 10% Capital Growth Rate:36.2%*approximate numbersBuilding Type: Industrial 909 m² corner facing site 600 m² GLA Dual driveway crossovers + twin front roller doors Interstate and ASX tenants Solid steel frame and concrete block construction Modern professional spaces No land tax (under QLD threshold) CPI Annual Increases Tenants pay all outgoings (except rental mgt) Zoning: Industry Low ImpactThis off-market deal was recently completed by the Rethink Investing team. This is a well-positioned freehold, dual industrial property with two rock-solid long-term tenants in place. The property offers stable rental income and is strategically located.The building is a well-maintained brick and metal construction with engineered ‘Council approved’ internal fit outs for the current tenants’ warehousing and professional offices requirements, and offer versatile working spaces for other commercial operators such as; trade supplies, research, technology, service industries, marine, training and warehousing in the area’s Low Impact Zoning.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 NameThis field is for validation purposes and should be left unchanged.