Tier 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.

Building 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 title

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