Key Highlights
• Location: Crestmead, QLD
• Building size: 639m2 +9 car spaces
• Annual Net Rent: 135,000 Net + GST + Outgoings
• Lease Term: 3year to 2027 + 3year option to 2030
• Increase: CPI
• Price: $2,285,000
• Net yield: 5.91%
Client MandateHoratio & Irene are experienced residential investors who engaged us to source their 1st commercial Investment property, ideally with a neutral/positive cashflow property with 5.5-6% net yield for their SMSF. Their main goal was to have a low-maintenance investment with a quality tenant and long lease.
ResultSourced off-market, this brand-new 639m2 warehouse is the best in a recently built state-of-the- art industrial estate in south Brisbane. The tenant signed a 3year lease to 2027 + 3year option to 2030 with CPI annual increases. We negotiated a $65,000 price reduction, and conducted extensive DD and secured this fantastic investment to re-balance our clients portfolio with an income producing asset despite the very high LVR and SMSF IR%.
See how we can help you Invest in or Occupy your ideal Commercial property.