Purchased Off-market shopping centre 225 car parks with on grade and security basement parking 100% occupied with 17 tenancies providing a diverse tenancy mix High exposure road with over 35,000* vehicles per day Purchase Details Asking Price $25,500,000 Purchase Price $23,000,000 Deposit (assuming 70% debt) - 30% $6,900,000 Stamp Duty $1,387,853 Building Report* $2,500 Solicitor Costs $12,000 Valuation $7,000 Total Cash Required $8,309,353 Purchase Price + Purchasing Costs $24,409,353 Net Annual Cash Flow Return $1,476,000 Net Yield on Property 6.42% Net Yield Accounting for Purchase Costs 6.05% Cash-On-Cash Returns Deposit Needed = 30% + Costs: $8,309,353 Cost of loan (assume 4% pa on 70% debt): $483,000 Return on Equity (pure cash flow return): 11.95% Return on Equity with a 5% Capital Growth Rate: 25.79% Return on Equity with a 7% Capital Growth Rate: 31.33% Return on Equity with a 10% Capital Growth Rate: 39.63% *approximate numbers Building Type: Commercial Building Area: 3,404m2 NLA: 9,420m2 WALE: How we helped this client We helped our client secure this shopping centre off-market and completed all the due diligence for a successful acquisition. This is our valued client’s second large purchase with Rethink Investing. They are very experienced commercial investors who own properties in multiple countries. As we speak, we are now on the hunt for another similar large asset. More properties Contact Us Get in touch If you’re interested in joining the lucrative world of commercial property, contact us now. *required fields Name* first name last name Phone*Email* Date Lead Submitted Date Format: DD slash MM slash YYYY CommentsThis field is for validation purposes and should be left unchanged.