PurchasedTier 1 Infrastructure with National Tenant on 5×5 Lease Term. This is a truly blue-chip investment opportunity completed by the team rethink investing team. Brand new 5-year lease with Repco Group, backed by a global auto giant parent company, as added security. Net income of $225,000, offering a net yield of 6%.The tenant pays all outgoings including land tax, strata fees and building insurance (excluding property management), which makes this a very attractive asset, along with 3% annual increases to the rent.Purchase DetailsAsking Price$3,950,000Purchase Price$3,750,000Deposit (assuming 65% debt) - 35%$1,312,500Stamp Duty$164,320.37Building Report*$1,200Solicitor Costs$9,000Valuation$4,000Total Cash Required$1,491,020.37Purchase Price + Purchasing Costs$3,928,520.57Net Annual Cash Flow Return$225,000Net Yield on Property6%Net Yield Accounting for Purchase Costs5.73%Cash-On-Cash ReturnsDeposit Needed = 35% + Costs:$1,491,020.37Cost of loan (assume 6.25% pa on 65% debt):$152,343.75Return on Equity (pure cash flow return):4.87%Return on Equity with a 5% Capital Growth Rate:17.45%Return on Equity with a 7% Capital Growth Rate:22.48%Return on Equity with a 10% Capital Growth Rate:30.02%*approximate numbersBuilding Type: Retail Building area: 801m2✓ Location: Launceston, Tasmina✓ Net income of $225,000 (after 100% of outgoings including mgt fees and land tax)✓ Building: 801m2 (built in 2010)✓ Other: Invaluable 37 car spaces on site including 3 on titleMore 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.