PurchasedNeighbourhood centre with proven record of capital growth $2,585,000, boasting an impressive 6.72% net yield All four tenants operating in essential services A recession-proof, set-and-forget asset Purchase DetailsAsking Price$2,800,000Purchase Price$2,565,469Deposit (assuming 65% debt) - 35%$897,914.15Stamp Duty$137,832.49Building Report*$1,200Solicitor Costs$8,000Valuation$3,000Total Cash Required$1,047,946.64Purchase Price + Purchasing Costs$2,715,501.49Net Annual Cash Flow Return$173,782Net Yield on Property6.77%Net Yield Accounting for Purchase Costs6.40%Cash-On-Cash ReturnsDeposit Needed = 35% + Costs:$1,047,946.64Cost of loan (assume 6.25% pa on 65% debt):$104,222.18Return on Equity (pure cash flow return):6.64%Return on Equity with a 5% Capital Growth Rate:18.88%Return on Equity with a 7% Capital Growth Rate:23.77%Return on Equity with a 10% Capital Growth Rate:31.12%*approximate numbersBuilding Type: Retail Building Area: Land Area: WALE: The property’s purchase price was $2,585,000, boasting an impressive 6.72% net yield. What’s more, this gem has a proven track record of remarkable capital growth. With all four tenants operating in essential services, it’s a recession-proof, set-and-forget asset. Our journey from engagement to settlement spanned six months, and it wouldn’t have been possible without the collaborative efforts of our exceptional team and the unwavering trust our client placed in us. More properties Contact UsGet in touchIf you’re interested in joining the lucrative world of commercial property, contact us now.*required fields Name* first name last name Phone*Email* HiddenDate Lead Submitted DD slash MM slash YYYY EmailThis field is for validation purposes and should be left unchanged.