Purchased

Quality industrial asset just 14km from Brisbane’s CBD

  • Concrete tilt panel construction
  • Container height roller door
  • 6.7% net yield

Purchase Details

Asking Price

$1,050,000

Purchase Price

$980,000

Deposit (assuming 70% debt) - 30%

$297,000

Stamp Duty

$40,479

Building Report*

$500

Solicitor Costs

$5,000

Valuation

$2,000

Total Cash Required

$344,979

Purchase Price + Purchasing Costs

$1,037,979

Net Annual Cash Flow Return

$65,250

Net Yield on Property

6.59%

Net Yield Accounting for Purchase Costs

6.29%

Cash-On-Cash Returns

Deposit Needed = 30% + Costs:

$344,979

Cost of loan (assume 3% pa on 70% debt):

$17,325

Return on Equity (pure cash flow return):

13.89%

Return on Equity with a 5% Capital Growth Rate:

28.24%

Return on Equity with a 7% Capital Growth Rate:

33.98%

Return on Equity with a 10% Capital Growth Rate:

42.59%

*approximate numbers

Building Type: Industrial
Building Area: 522m2

NLA: 197m2
WALE: 2

How we helped this client

Secured totally off-market by Rethink Investing for our valued client, this quality industrial investment is located in a tightly held industrial precinct just 14km from Brisbane’s CBD. The property is leased to a civil construction business. This will be a good tenant to have, as the civil industry will be in a growth phase over the next decade, especially in Brisbane’s strengthening economy.

More properties

Contact Us