Key Highlights
• Location: Central Coast, NSW
• Building size: 382m2 + 4 car spaces
• Annual Net Rent: 60,000 Net + GST + Outgoings
• Lease Term: 5year to 2025 + 5year option to 2030
• Increase: CPI or 3.25%
• Price: $1,150,000
Client MandateRobert is an experienced investor who engaged us to source a commercial Investment property for his SMSF within 2h drive from Sydney, around $1.2m, long leases and 5%+ net yield. His main goal was to have a low-maintenance investment with a quality tenant to avoid any headaches or risks of vacancy.
ResultSourced on-market, this freestanding 382m2 Industrial unit in a small estate of 2 has an tenant in occupation since 2020 on a 5year lease to 2025 + 5year option to 2035, with strong CPI or 3.25% with annual increases providing a low-maintenance, stable and secure income to our client. We negotiated a swift deal beating the competition and securing this asset for our client.
See how we can help you Invest in or Occupy your ideal Commercial property.