![]() Asset Class: | Industrial |
![]() Price: | $ 910000 |
![]() Net Yield: | 4.80 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Off Market |
Presenting an outstanding value-add investment opportunity, located at 14 315 Archerfield Road Richlands 4077 QLD Australia. <br><br>Strategically located only <b>16 radial kilometres from the Brisbane CBD</b>, the property presents exceptional access to all southern Brisbane transport routes (Ipswich Mwy, Logan Mwy & Centenary Hwy).<br><br>Don't miss the Strategically located only 16 radial kilometres from the Brisbane CBD, the property presents exceptional access to all southern Brisbane transport routes (Ipswich Mwy, Logan Mwy & Centenary Hwy).<br>chance to capitalise on this fantastic opportunity to purchase a tenanted investment in a fully developed area with minimal option ever available. <br><br><b><u>Value-Add Opportunity*: </u></b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The property is currently leased until 09th October 2025 with 1 years in option for $43,690 net per year ($170 Per Sqm)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">257 m2 of lettable area is currently rented for $170 Per m2 (Net) although the market rate is $220 Per m2 (Conservative Net – Please see the rental comparisons), which would increase the Net Income to $56,540* </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">With the potential rental income of $48,640, net yield would increase to 6.2%*. </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The market capitalistion rate in the area for this price point would be circa 5.8%, so this would be an uplift of circa $64,000.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Also, the sale rate of $3,540 is a steal</span></p></li></ul><br>(*To be clarified in DD)<br>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<span style="color:rgb(0, 29, 53);"><b>Encore Technology Solutions</b></span><br><br><span style="color:rgb(0, 29, 53);"><b>Website: </b></span><a style="color:rgb(44, 123, 208);display:inline;font-weight:normal;" target="_blank" href="https://www.encoretechnologysolutions.com.au/"><u>ETS | Encore Technology Solutions | Richlands, Brisbane</u></a><span style="font-weight:normal;"></span>
Initial Term:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenant's Name: Encore Technology Solutions </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total NLA: 257 m2</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Income: $43,690</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Outgoings: 100% paid by the tenant </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Lease End Date: 09-10-2025</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Options: 1 year</span></p></li></ul><br><b><u>Sales and Rental Comparisons</u></b>
Additional Financial Information FileInitial Term:
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Offer To Purchase:
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Due Diligence:
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● Strategically located in the heart 16 Kms from the Brisbane Airport <br>● Easy access to the Ipswich Mwy, Logan Mwy & Centenary Hwy<br>● <b>Value add potential - Under-rented lease</b><br>● Electric roller door<br>● Modern refurbishments<br>● Designated car parks including visitor car park<br>● The warehouse produces good natural light for occupiers<br>● 6 metre internal height<br>● Surrounded by several high-profile industrial operators in the region