Purchased

Multi-income property!

  • 7 total tenancies, 100% tenanted
  • Currently returning $128,500pa net
  • Annual increases of 3% to 5%

Building Type: Retail
Building Area: 1207m2

NLA: 585m2
WALE: 2

How we helped this client

Our client was looking for a multi-income property to spread out the leasing risk. This 7 x tenancy asset was a good example of a diversified income. The property also has many avenues of value and potentials, such as strata titling, raising rents, increasing the WALE and even a small renovation on parts of the property to lift it to another level.

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