Purchased

High-growth industrial with upside

  • Net income of $354,000, (after 100% of outgoings including mgt fees and land tax)
  • Balance 1,000sqm site at the front of the property, ideal for re-development
  • Location: Brisbane, QLD

Building Type: Industrial
Building Area: 1,530m2

Land Area: 6,218m2
WALE: 5 Years

Discovering industrial investment opportunities like this one in Brisbane has become increasingly challenging in today’s market. Many owners are hesitant to sell their assets, which creates favorable conditions for capital growth despite rising interest rates. Nonetheless, we’re excited to have successfully secured this property for our valued client. The property comes with a five-year lease term and generates a net annual rent of $354,000. With the tenant having invested over a million dollars in the fit-out and the potential for a five-year lease extension, we anticipate their long-term commitment to this location.

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