Key Highlights
• Location: Gold Coast, QLD
• Building size: 129m2 + 2 car spaces
• Annual Net Rent: 41,400 Net + GST + Outgoings
• Lease Term: 3years to Nov 2025
• Increase: 3.5%
• Price: $700,000
• Net yield: 5.91%
Client MandateKristen & Mitchell are first time commercial investors who engaged us to source an industrial tenanted investment property for their SMSF. Their main goal was to have positive cashflow with growth prospects.
ResultSourced off-market, this brand-new 129m2 warehouse is in a blue-chip Gold Coast location within a tightly held industrial precinct meters from Bunnings and with great exposure and proximity to all national tenants. The tenant has been in occupation for 1year of a 3year lease with 3.5% annual increases to 2025. We negotiated a $50,000 price reduction and conducted extensive DD securing this great entry-level investment for our clients.
See how we can help you Invest in or Occupy your ideal Commercial property.