 Asset Class: | Industrial |
 Price: | $ 1068260 |
 Net Yield: | 5.75 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);">This is a great opportunity to buy an entry-level industrial asset less than 20Kms from the Brisbane’s CBD. This is a great entry level asset, that comes with a $61,425* lease back to Yen Dental. (note – to find a tenant in this market is less than 4 months right now).</span><br><br><span style="color:rgb(0, 0, 0);">It is conveniently located near major roads and highways that lead to the Brisbane CBD (15Kms), Gold Coast (72Km), Ipswich (35Km) and Western Suburbs (7Km), this property will grow nicely for many years to come.</span><br><br><span style="color:rgb(0, 0, 0);">This is one of the most hotly contested price brackets and market segments, making this a great opportunity for the investor to get ahead of the game before coming to market as a tenanted investment. Secured with a 18-months leaseback from the seller this investment will provide great cash flow combined with the capital growth.</span>
How old is the asset?
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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?
<b>Brisbane 2032</b><br><br>The Brisbane 2032 Olympics have the potential to catapult the city into a new era, much like the transformative impact that the 2000 Sydney Olympics had on its host city. By investing in infrastructure, promoting tourism, fostering economic growth, enriching its culture, and improving the overall quality of life, Brisbane has a unique opportunity to become “Sydney 2.0” – a vibrant, global city with a bright future ahead. The economic boost of hosting the Olympics can stimulate the local economy by attracting visitors, sponsors, and investors. This boost in economic activity can create a foundation for sustained growth in various sectors, including tourism, sports, and technology. If Brisbane successfully leverages the economic opportunities provided by the 2032 Olympics, it could experience post-Olympic economic growth similar to what Sydney experienced in 2000. <br><br>We are already experiencing the benefits with developers around the country flocking to the “Gabba Olympic Precinct” purchasing amalgamated sites to develop large-scale projects comprising thousands of mix-use apartments in the immediate precinct. This is evident by outlining just a few Development Approved projects, the Hampton Yards development (787 apartments), 37 & 27 level towers- Nuage development (582 apartments), and the 3,419sqm site at Trafalgar Street & Logan Road purchased for $20.5m (October 2023) to Taiwanese developer- Shayher. <br><br><b>$8.1 billion in total benefits for Queensland and $17.61 billion total benefits for Australia broken down by: </b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:40px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Social benefits of up to $3.5 billion for Queensland and $9.11 billion nationally through factors such as health benefits and volunteering benefits. </span></p></li><li style="list-style-image:none;margin-inline-start:40px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Economic benefits of up to $4.6 billion for Queensland and $8. 5 billion for Australia. </span></p></li><li style="list-style-image:none;margin-inline-start:40px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The creation of 91,600 Queensland full-time equivalent (FTE) jobs and 122,900 FTE nationally an uplift in international tourism and trade worth an estimated $4.6 billion for Queensland and $8.5 billion nationally.</span></p></li></ul>
Additional Location Information File<b>Yen Dental:</b><br><a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="https://yendental.com/"><u>https://yendental.com/</u></a><span></span><br><br><p style=" padding-left:0px;"><span style="color:rgb(27, 23, 55);font-weight:normal;">Two Generations and Over 40 Years of Combined Experience</span></p>
Initial Term:
Security:
Security Info:
<b>Lease Details: </b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">18 months Leaseback from seller </span></p></li><li style="list-style-image:none;margin-inline-start:20px;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Income: $61,425</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Outgoings: 100% of the outgoings to be covered by the tenant </span></p></li><li style="list-style-image:none;margin-inline-start:20px;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">CPI or 3.5% whichever is greater</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Rent Per Sqm: $200 Per Sqm </span></p></li></ul>
Additional Financial Information FileInitial Term:
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Security Info:
28-32 Loam St, Acacia Ridge – 368sqm – $87,000 $236/sqm (new unit / much larger) 8/35 Learoyd Road, Acacia Ridge – 385sqm - $85,000 or $220/sqm (leased Jan 23 before rents accelerated) 18/96 Gardens Dr, Willawong for lease – 267sqm – $50,000 or $187/sqm (more office space than warehouse makes these harder to lease) 7/36 Achievement Crescent, Acacia Ridge – 198sqm - $39,600 or $200/sqm Multiple units 186 Douglas St, Oxley – 108sqm - $255 - $275/sqm 1/17 Bluestone Circuit, Seventeen Mile Rocks – 289sqm - $207/sqm 16 Staple St, Seventeen Mile Rocks – 698sqm - $180/sqm (much larger) 17/49 Bellwood St, Darra – 239sqm - $217/sqm
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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;">One of the most sought-after industrial area in the Brisbane CBD </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;">Vacancy period in the area currently would be circa 3 months </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Conveniently located near major roads and highways that lead to the Brisbane CBD (15Kms), Gold Coast (72Km), Ipswich (35Km) and Western Suburbs (7Km), this property will grow nicely for many years to come</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Extremely low vacancy rates in the area</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Quality concrete tilt-panel construction</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">306 sqm* of flexible warehouse space, office and showroom</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Rear warehouse with an electric container-height roller door</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Equipped with 3-phase power, modern amenities, and a well-appointed kitchen and lunchroom</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Heavy-duty load-bearing mezzanine floor for additional storage</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Flood free in 1974, 2011 and 2022</span></p></li></ul>
