Purchased Retire today with your $288,000 passive income! Net rent = $393,516 + outgoings Affluent suburb 31 car spaces on site Purchase Details Asking Price $6,400,000 Purchase Price $6,000,000 Deposit (assuming 70% debt) - 30% $1,800,000 Stamp Duty $347,453 Building Report* $800 Solicitor Costs $6,000 Valuation $4,500 Total Cash Required $2,158,753 Purchase Price + Purchasing Costs $6,358,753 Net Annual Cash Flow Return $393,516 Net Yield on Property 6.56% Net Yield Accounting for Purchase Costs 6.19% Cash-On-Cash Returns Deposit Needed = 30% + Costs: $2,158,753 Cost of loan (assume 3% pa on 70% debt): $105,000 Return on Equity (pure cash flow return): 13.36% Return on Equity with a 5% Capital Growth Rate: 27.26% Return on Equity with a 7% Capital Growth Rate: 32.82% Return on Equity with a 10% Capital Growth Rate: 41.16% *approximate numbers Building Type: Retail Building Area: 2245m2 NLA: 893m2 WALE: 3 How we helped this client This asset was recently secured for our client before it hit the market. Even after a 70% mortgage cost, this will give our client a passive income of $288,000 per annum! This thriving neighbourhood centre is in a high growth suburb in Brisbane (+10.2% rolling 12 month period). There is a strong mix of medical and food in the tenancy profile. The building was completed in 2006, so there should be a decent amount of depreciation on offer as well. Only Rethink Investing can deliver you properties like this before they hit the market through our superior industry contacts. Think about this before you buy!. 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 EmailThis field is for validation purposes and should be left unchanged.