Purchased Multi-tenanted freehold commercial building First time to market in 24 years Prime main road location 11 on site car parks Purchase Details Asking Price $1,850,000 Purchase Price $1,700,000 Deposit (assuming 70% debt) - 30% $510,000 Stamp Duty $84,293 Building Report* $1,000 Solicitor Costs $7,500 Valuation $4,500 Total Cash Required $607,293 Purchase Price + Purchasing Costs $1,797,293 Net Annual Cash Flow Return $126,707 Net Yield on Property 7.45% Net Yield Accounting for Purchase Costs 7.05% Cash-On-Cash Returns Deposit Needed = 30% + Costs: $607,293 Cost of loan (assume 4% pa on 70% debt): $35,700 Return on Equity (pure cash flow return): 14.99% Return on Equity with a 5% Capital Growth Rate: 28.98% Return on Equity with a 7% Capital Growth Rate: 34.58% Return on Equity with a 10% Capital Growth Rate: 42.98% *approximate numbers Building Type: Commercial Building Area: 805m2 NLA: 1,012m2 WALE: How we helped this client We helped our client secure and complete all the due diligence on this multi-tenanted freehold commercial building. There is a rental upside and the added potential to strata title (STCA) down the track. More properties Contact Us Get in touch If you’re interested in joining the lucrative world of commercial property, contact us now. *required fields Name* first name last name Phone*Email* Date Lead Submitted Date Format: DD slash MM slash YYYY EmailThis field is for validation purposes and should be left unchanged.