Purchased

Strong-performing freehold retail complex

  • Current net rent: $427,084pa net + GST
  • Blue-chip asset with national retailers underpinning 50% + revenue
  • Thriving neighbourhood shopping centre in a key growth corridor

Building Type: Retail
Building Area: 1,077m2

NLA: 2,576m2
WALE: 5.13

The asset is a strong-performing freehold retail complex in a prized Brisbane outer city location. The multi-tenanted neighbourhood shopping centre comes with a strong WALE of 5.13 years and national tenants underpinning more than 50% of its revenue. 

The investment clears over $199,714 in passive income for the new owner. This is after 100% of the outgoings and 65% of the mortgage costs at the current interest rates!

This is our client’s second property with Rethink Investing. They were looking for a larger asset to help set them up for life in retirement. This deal was a big step for our clients, but they were very happy with the end result. With $200,000pa in passive income, their income is now sufficient for a comfortable retirement. 



More properties

hull
winda