PurchasedWarehouse with great upside in future rent Net income of $96,124 (after 100% of outgoings including mgt fees and land tax) Two street frontages with drive-thru capabilities Major upside in the rent from 2026Purchase DetailsAsking Price$1,600,000Purchase Price$1,450,000Deposit (assuming 70% debt) - 30%$435,000Stamp Duty$69,298.60Building Report*$1,000Solicitor Costs$6,500Valuation$3,000Total Cash Required$514,798.60Purchase Price + Purchasing Costs$1,529,798.60Net Annual Cash Flow Return$96,124Net Yield on Property6.63%Net Yield Accounting for Purchase Costs6.28%Cash-On-Cash ReturnsDeposit Needed = 30% + Costs:$514,798.60Cost of loan (assume 6.25% pa on 70% debt):$63,437.50Return on Equity (pure cash flow return):6.35%Return on Equity with a 5% Capital Growth Rate:20.43%Return on Equity with a 7% Capital Growth Rate:26.07%Return on Equity with a 10% Capital Growth Rate:34.52%*approximate numbersBuilding Type: Retail Net lettable area: 1490m2Land Area: 2145m2 WALE: This property boasts a major rental upside it was a great opportunity for a warehouse/showroom asset in the heart of Townsville. Which was acquired & purchased via our amazing team for one our valued clients.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 EmailThis field is for validation purposes and should be left unchanged.