Brisbane Industrial Tenanted Investment With 5+5 Year Lease

Client MandateMishal is an overseas investor who engaged us to source his 2nd commercial Investment property, ideally with a long lease, a good yield and long term growth. His main goal was to have a low-maintenance investment, with a good tenant to minimise any headaches or vacancy periods.
‍ResultSourced off-market, this beautifully refurbished 462m2 warehouse is in a a growth-corridor in sout-west Brisbane and located close by to Bunnings and a major shopping centre. The tenant just signed a 5+5year lease to 2035 with strong 4% annual increases guaranteeing our client a secure income and long term growth. We negotiated a $50,000 price reduction, and conducted extensive DD securing favourable terms and conditions securing this asset for our client.