Purchased

Off-market supermarket investment

  • Annual income of $236,700pa net + GST
  • Strong tenant with over 5 years of trading history at this location
  • Prominent location in the heart of Waterloo’s Diversity precinct

Building Type: Retail
Building Area: 319m2

NLA: 319m2
WALE: 12

The asset is a strong-performing supermarket with a rare 12-year lease. There will also be strong capital growth for this asset due to its undervalued nature. This opportunity suits an astute investor seeking to break into the Sydney market with a great set-and-forget asset providing a healthy cash return.

 

This is our clients’ first purchase with Rethink Investing. They are a business owner with plans to retire in the next 5 years. Their goal is to build $200,00pa in passive income quickly. We planned on targeting supermarkets in Sydney for stage one of this plan as it fits their lower risk tolerance. This investment was perfect as it gave them a 6% plus net yield and proximity to Sydney’s CBD! We are now on the hunt for property number two.

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