Purchased

Freehold Shopping Centre

  • NET Annual income of $1,531,722 p.a + GST (this is after rental management and land tax)
  • 100% occupied with 17 tenancies providing a diverse tenancy mix
  • Modern centre with high percentage of medical & essential service tenants

Building Type: Retail
Building Area: 3,404m2

Land Area: 9420m2
WALE:

By purchasing directly from the fund manager, Rethink Investing secured this strong performing mixed use centre off-market for $23 million. The valuation came in at $25 million at the time of purchase. Indicating $2 million in instant equity! Note – with interest rates peaking, now could be the best time to secure a life changing commercial investment like this. Right before the next boom starts!



More properties

hull
winda