High-Yield ASX Listed Medical Tenanted Investment With 5+5+5 Year Lease

Client MandateAnthony is an investor who engaged us to source his 1st commercial Investment property for his SMSF, ideally with a 5.5-6%+ net yield, and a long lease. His main goal was to have a low-maintenance investment, a secure income stream with a good tenant.
‍ResultSourced on market, this medical asset features a 5+5+5 year lease with 4% annual increases until 2039 to an ASX listed health allied national brand. The property is located in a high density residential area surrounded by university, amenities and a new shopping centre development under construction. We successfully negotiated a highly contested EOI campaign with a $50,000 price reduction on the anticipated sale price, negotiated favourables terms and conducted extensive DD to ensure all boxes were ticked to protect our client with this investment that will greatly benefit his portfolio.