Set & Forget Industrial Investment With 5+5year Lease To International Tenant

Client MandateOur client is an overseas family office who engaged us to source their 1st commercial Investment property, ideally an industrial asset in a blue-chip location with a combined yield+growth rate of 10%. Their main goal was to have a fairly recent building low-maintenance investment with a quality tenant to avoid any headaches or risks of vacancy.
‍ResultSourced off-market, this quality corporate office/warehouse building in a tightly held industrial precinct of Brisbane features  a 5+5year new lease to an international tenant and 4% or CPI annual increases providing our client with a low-maintenance, stable and secure investment. It ticked all of our client’s boxes. We negotiated a $100,000 price reduction, and after conducting extensive DD we negotiated a further $35,000 price reduction providing our client with a long-term successful addition to their portfolio.