Key Highlights
• Location: Crestmead, QLD
• Building size: 299m2 + 4 car spaces
• Annual Net Rent: 64,285 Net + GST + Outgoings
• Lease Term: 5year to 2029 + 3year option to 2032
• Increase: 3.75%
• Price: $1,075,000
• Net yield: 6%
Client MandateRaghu is a first time commercial investor who engaged us to a commercial Investment property, ideally with a neutral/positive cashflow property with 5.5-6% net yield for his SMSF. His main goal was to have a low-maintenance investment with a quality tenant and long lease.
ResultSourced off-market, this brand-new 299m2 warehouse in a recently built state-of-the-art industrial estate in south Brisbane features a lease to international tenant wtih 5year 2029 + 3year option to 2032 with 3.275% annual increases. We negotiated a $75,000 price reduction, and conducted extensive DD and secured this fantastic set & forget 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.