Multi-tenanted commercial deal

  • Built circa 2007
  • Net annual income: $220,924 pa + GST (this is after rental management and land tax)
  • Multi-tenanted asset providing a reduced risk profile and an impressive WALE of 4.65 years

Building Type: Retail
Building Area: 1,233m2

NLA: m2
WALE: 4.65

This is our clients’ first purchase with Rethink Investing. They were looking for an investment that ‘made their capital work hard’, with the additional criteria of good capital growth and a minimum 6.5% net yield. This investment ticked all the boxes as the yield was 6.8% and the growth on this asset was predicted to be very strong. The due diligence on this asset came up all clean, so our clients were happy to proceed through to settlement. Property number two is now at the planning stage.

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