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Purchased
Golden opportunity with an exceptionally long lease
This property was sourced off-market and without competition for our seasoned commercial investor client. Looking for a quality industrial asset with a good yield in a capital city market, this investment ticked all the boxes for our valued client. Just 6.5kms from Brisbane’s CBD, this A-grade industrial asset boasts a 6.29 percent net return, and a secure tenant on a long lease; providing extra security for our valued client.
Purchase Details
Asking Price
4700000
Purchase Price
4450000
Deposit (assuming
70
% debt)
1335000
Stamp Duty
252589
Building Report*
600
Solicitor Cost*
5500
Valuation*
2000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
4700000
Total Cash Required
1595689
Purchase Price + Purchasing Cost
4710689
Net Annual Cash Flow Return
280000
Net Yield on Property
6.29
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
5.94
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
1595689
Cost of Loan
(Assume
3
% pa on
70
% debt)
93450
Return of Equity
(Pure cash flow return)
11.69
%
Return of Equity with a
5% Capital Growth Rate:
25.63
%
Return of Equity with a
7% Capital Growth Rate:
31.21
%
Return of Equity
10% Capital Growth Rate:
39.58
%
*approximate number
Key Highlights
• Building Area: 1,560m2
• Land Area: 2,400m2
• Annual Net Rental: $280,000pa + GST + Outgoings
• 5+5+5+5 year lease
• 20 dedicated parking spaces
Get in touch
If you’re interested in joining the lucrative world of commercial property, contact us now.
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