Purchased

High-yielding multi-tenanted shopping centre

  • Net Return $759,873pa
  • Corner site with 225 A-grade parking bays
  • 10 year lease to IGA anchor tenant expiring 2027

Building Type: Shopping centre
Building Area: 3152m2

Land Area: 11,204 sqm corner site
WALE: 4.8 (by income)

How we helped this client

This was our clients first commercial purchase and they were looking for a high yielding multi-tenant investment. We viewed a number of assets together before landing on this shopping centre. It was the highest yielding shopping centre available in Australia at the time. So we were lucky to secure this great investment for our client. Even after the mortgage costs this investment clears over $500,000pa in passive income!

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