Purchased Entire shopping complex! Abundant onsite parking (approx. 27 bays) Generous depreciation scheme Anchored by established long term national tenant: NightOwl – on a 7 year lease with two five year options Purchase Details Asking Price $5,500,000 Purchase Price $5,180,000 Deposit (assuming 70% debt) - 30% $1,554,000 Stamp Duty $297,269 Building Report* $900 Solicitor Costs $9,500 Valuation $4,000 Total Cash Required $1,865,669 Purchase Price + Purchasing Costs $5,491,669 Net Annual Cash Flow Return $315,990 Net Yield on Property 6.10% Net Yield Accounting for Purchase Costs 5.75% Cash-On-Cash Returns Deposit Needed = 30% + Costs: $1,865,669 Cost of loan (assume 3% pa on 70% debt): $108,780 Return on Equity (pure cash flow return): 11.11% Return on Equity with a 5% Capital Growth Rate: 24.99% Return on Equity with a 7% Capital Growth Rate: 30.54% Return on Equity with a 10% Capital Growth Rate: 38.87% *approximate numbers Building Type: Retail Building Area: 419m2 NLA: 2,597m2 WALE: 2.5 How we helped this client This is our valued client’s first purchase with Rethink Investing. We had to exit out of an industrial property purchase contract that was unconditional before this purchase. Our due-diligence team found an issue with that asset. However, this one was a great and clean deal. We found some discrepancies in the income, resulting in a $70,000 discount on the price. Our client is now unconditional on this one of a kind asset. 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 PhoneThis field is for validation purposes and should be left unchanged.