Purchased

Perfect warehouse asset!

  • High specification build, fixtures and fittings = High depreciation benefits
  • Annual income: $132,110pa + outs + GST (after management costs)
  • Tenant is an established national insulation supplier since 2012

Building Type: Industrial
Building Area: 1,201m2

NLA: 2,142m2
WALE: 3

How we helped this client

This is our client’s first purchase with us. They were not content with the returns they saw in residential, so they looked towards commercial property to build a passive income. Due to their own success in running a successful business, they were a cash buyer, allowing them to act quickly on the right deal. After looking at many deals over six months, we landed this one. They liked the strong return, secure tenant, new warehouse, high depreciation benefits and easy re-lettability. They are now planning on looking for commercial property number two to continue to build on their passive income goals.

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