PurchasedOff-Market A-Grade Freehold Investment NET Annual income of $446,114.49.a + GST (this is after rental management and land tax) Diverse Income Profile: The diverse mix of tenants also comes with aggressive rental increases of 4% or higher with CPI. Location: Brendale, QLD Purchase DetailsAsking Price$7,500,000Purchase Price$7,050,000Deposit (assuming 70% debt) - 30%$2,115,000Stamp Duty$413,261.80Building Report*$1,200Solicitor Costs$8,500Valuation$5,500Total Cash Required$2,543,461.80Purchase Price + Purchasing Costs$7,478,461.80Net Annual Cash Flow Return$446,114.49Net Yield on Property6.33%Net Yield Accounting for Purchase Costs5.97%Cash-On-Cash ReturnsDeposit Needed = 30% + Costs:$2,543,461.80Cost of loan (assume 6% pa on 70% debt):$296,100Return on Equity (pure cash flow return):5.90%Return on Equity with a 5% Capital Growth Rate:19.76%Return on Equity with a 7% Capital Growth Rate:25.30%Return on Equity with a 10% Capital Growth Rate:33.62%*approximate numbersBuilding Type: Mixed Building Area: 2,812m2Land Area:4,132m2 WALE: 2.5 yearsWe secured this commercial investment off-market on behalf of our client. The A-grade office/warehouse facility is of modern concrete tilt-panel construction, with a total Gross Lettable Area (GLA) of 2,812m2 situated on a 4,132m2 allotment. The complex is occupied by nine tenants across nine (9) separate units, with the potential to be strata-titled in the future (Subject to Council Approval). These units range from 193sqm to 428sqm respectively and comprise a combination of office, warehouse and retail uses. Why do we like this deal? It’s a high grade building built in 2008 and there is significant upside due to two reasons; 1) Opportunity to strata title for profit (STCA) and, 2) Circa 30%-35% upside in the rents due to them being leased well below current market value. This will give the asset significant future rental income & capital growth.More properties Contact UsGet in touchIf you’re interested in joining the lucrative world of commercial property, contact us now.*required fields Name* first name last name Phone*Email* HiddenDate Lead Submitted DD slash MM slash YYYY CommentsThis field is for validation purposes and should be left unchanged.