Purchased

Shopping centre investment!

  • $1,424,570 net income
  • Significant land holding of 14,459m2
  • High exposure with 22,000 vehicles per day

Building Type: Retail
Building Area: 14,459m2

NLA: 14,459m2
WALE:

How we helped this client

Our client was looking for a high-yielding shopping centre. While this purchase took six months to complete, this large asset was one of the highest-yielding ones we could find in the metro capital city location. Sitting on 14,459m2 of prime land, this fully leased, modern mixed-use, commercial and retail centre was secured 100% off-market. Initially, we were only going to purchase two of the buildings in this asset, but that later spread over to acquiring the third building. This additional purchase brought the total tenant count from 13 to 23 tenants and over $1.4 million in income per annum.

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