Purchased Modern retail centre 100% leased investment, all being national and chain traders – Supercheap Auto (300+ stores); Prices Plus (30+ stores) Domino’s (860+ stores) Very strong rental growth build into leases (CPI+1.5% annually) Strong lease profile (WALE) – The centre features a WALE of 5.1^ years by income Purchase Details Asking Price $9,500,000 Purchase Price $9,000,000 Deposit (assuming 70% debt) - 30% $2,700,00 Stamp Duty $531,053 Building Report* $1,000 Solicitor Costs $9,500 Valuation $4,500 Total Cash Required $3,246,053 Purchase Price + Purchasing Costs $9,546,053 Net Annual Cash Flow Return $497,160 Net Yield on Property 5.52% Net Yield Accounting for Purchase Costs 5.21% Cash-On-Cash Returns Deposit Needed = 30% + Costs: $3,246,053 Cost of loan (assume 4% pa on 70% debt): $189,000 Return on Equity (pure cash flow return): 9.49% Return on Equity with a 5% Capital Growth Rate: 23.36% Return on Equity with a 7% Capital Growth Rate: 28.90% Return on Equity with a 10% Capital Growth Rate: 37.22% *approximate numbers Building Type: Commercial Building Area: 1,545m2 NLA: 5,914m2 WALE: 5 How we helped this client We helped our client secure and complete all the due diligence on this modern retail centre. The asset incorporates three (3) national and chain brand tenancies including Supercheap Auto, Prices Plus and Domino’s Pizza plus an Amazon storage locker. The centre features a strong lease expiry profile (WALE) of over 5 years by income with all tenants secured on net leases. This is our valued client’s first purchase with Rethink Investing. They are successful businessmen who are looking to set up a passive income independent of their business. Their requirements were to target low-risk and high-quality commercial properties that would produce strong rental growth over time. This asset ticked all the boxes. 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.