Purchased

Multi-tenant Freehold Investment

  • Diverse Income Profile: 11 retail and office tenancies
  • Net income of $155,510.92, (after 100% of outgoings including mgt fees and land tax)
  • Main road location with easy parking

Building Type: Retail
Building Area: 802m2

Land Area: 3,825m2
WALE: 2.5

This 3,825m2 freehold property offers two lots, providing increased liquidity and reduced risk. It has a great yield for its quality and is located in an area with a low vacancy rate. The property has a long history of high occupancy and fast-filling vacancies. As a result, Rethink Investing secured this property for our valued client for just over $2m. During the due diligence, we found that the income was higher than what was advertised, boosting the net yield to an impressive 7.48% after all costs.

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