Purchased Freehold medical centre! Total current rent $224,662.44 pa Built in 2002 3 medical tenants Purchase Details Asking Price $4,484,000 Purchase Price $4,084,000 Deposit (assuming 70% debt) - 30% $1,225,200 Stamp Duty $202,610 Building Report* $600 Solicitor Costs $7,000 Valuation $3,000 Total Cash Required $1,438,410 Purchase Price + Purchasing Costs $4,297,210 Net Annual Cash Flow Return $224,662 Net Yield on Property 5.50% Net Yield Accounting for Purchase Costs 5.23% Cash-On-Cash Returns Deposit Needed = 30% + Costs: $1,438,410 Cost of loan (assume 3% pa on 70% debt): $85,764 Return on Equity (pure cash flow return): 9.66% Return on Equity with a 5% Capital Growth Rate: 23.85% Return on Equity with a 7% Capital Growth Rate: 29.53% Return on Equity with a 10% Capital Growth Rate: 38.05% *approximate numbers Building Type: Retail Building Area: 721sqm NLA: 2,024sqm WALE: 2 How we helped this client This property is a triple tenanted medical investment purchased off-market by the Rethink Investing acquisitions team. The property is fully leased and is anchored by Sonic Health, a major national medical group, plus a pharmacy and specialist clinic. Our first-time client extensive experience in the medical industry meant they could potentially add even more value to this property compared to the average investor. Recession-proof assets, such as medical centres have never been in more demand compared to now. So purchasing this off-market was a major advantage. . More properties Contact Us Get in touch If you’re interested in joining the lucrative world of commercial property, contact us now. *required fields Name* first name last name Phone*Email* Date Lead Submitted Date Format: DD slash MM slash YYYY CommentsThis field is for validation purposes and should be left unchanged.