Purchased

Large industrial asset

  • 5+5+5 year lease
  • Opportunity to develop the extensive site area
  • Annual income of $154,500 pa + outs + GST

Building Type: Industrial
Building Area: 1,804m2

NLA: 7,405m2
WALE: 5

How we helped this client

This is our clients fourth purchase with Rethink Investing. (They had already purchased a medical centre, office building and a dual income industrial asset with us). This South Australian asset was attractive due to there being no requirement to pay stamp duty. Plus this one had development upside as there is a 7,405m2 block with only 24% site coverage. So for this experienced investor this was an attractive long-term proposition.

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