Purchased

High-yielding commercial asset

  • Modern building built in 2013
  • Multiple tenants – national brands
  • Annual income: $341,425.75pa net + GST

Building Type: Retail
Building Area: 990m2

NLA: 1,771m2
WALE: 4

This commercial property was recently secured off-market by Rethink Investing’s acquisition team for our client. The investment clears over $184,000 in passive income for the new owner – after 100% of outgoings and 70% of the mortgage costs at the current interest rates.

We helped our valued client secure this fantastic investment fully leased with A-grade tenants, including Suncorp Bank, Queensland Country Bank, The Investment Collective and The BBQ Box. This is our clients’ first purchase with Rethink Investing, and they were looking for a high-yielding asset with a low-risk profile. This asset was perfect as the types of tenants in this building have strong trading histories and have never missed a single payment. The building will also have significant depreciation benefits due to the building being only nine years old.

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