Purchased

Quality entry level asset!

  • CPI rental increases on each anniversary
  • 3+3 year lease
  • Annual income of $60,420 pa + outs + GST

Building Type: Retail
Building Area: 381m2

NLA: /
WALE: 2

How we helped this client

This deal went on for five months, which was a frustratingly long process. However, it was worth the wait in the end because we got a great result for the buyer. Initially the sellers presented the numbers and terms of the lease incorrectly. During the due-diligence we had to renegotiate these unfavourable items which turned a 5.91% asset to a 6.43% net yield.

More properties

hull
winda