Key Highlights
• Location: Sydney, NSW
• Building size: 200m2 + 2 car spaces
• Annual Net Rent: 90,000 Net + GST + Outgoings
• Lease Term: 3year to 2026
• Increase: 4%
• Price: $1,570,000
• Net yield: 5.73%
Client MandateMishal is an overseas investor who engaged us to source his 1st commercial Investment property, ideally with a 5%+ net yield. His main goal was to have a low-maintenance investment with a good yield and growth, ideally in Sydney as one day he might need to move his business in the property.
ResultSourced on market, this warehouse is located in a tightly held south-Sydney industrial precinct: while successfully negotiating a discount on price we also conducted DD for an exclusive period of time which allowed us to source a tenant who committed to sign a 3 year lease prior to exchange.
See how we can help you Invest in or Occupy your ideal Commercial property.