Brisbane Blue-Chip Industrial Investment With Dual Tenancy

Client MandateAlok is an investor who engaged us to source his 1st commercial Investment property, ideally with a 6% net yield in a capital city location. His main goal was to have a low-maintenance investment with a quality tenant to avoid any headaches or risks of vacancy.
‍ResultSourced off-market, this warehouse located in a blue-chip Brisbane's industrial precinct has 2 tenants. The main one in occupation for a long time with 3+3year lease to 2029; and the second on a 3+3year lease to 2030. Both lease have 3% or CPI annual increases providing a low-maintenance, stable and secure income to our client. We negotiated a $100,000 price reduction, and conducted extensive DD securing a blue-chip asset for our client’s long term hold.