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Purchased
Warehouse with great upside in future rent
This property boasts a major rental upside it was a great opportunity for a warehouse/showroom asset in the heart of Townsville. Which was acquired & purchased via our amazing team for one our valued clients.
Purchase Details
Asking Price
1600000
Purchase Price
1450000
Deposit (assuming
70
% debt)
435000
Stamp Duty
69298.6
Building Report*
1000
Solicitor Cost*
6500
Valuation*
3000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
1600000
Total Cash Required
514798.6
Purchase Price + Purchasing Cost
1529798.6
Net Annual Cash Flow Return
96124
Net Yield on Property
6.63
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
6.28
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
514798.6
Cost of Loan
(Assume
6.25
% pa on
70
% debt)
63437.5
Return of Equity
(Pure cash flow return)
6.35
%
Return of Equity with a
5% Capital Growth Rate:
20.43
%
Return of Equity with a
7% Capital Growth Rate:
26.07
%
Return of Equity
10% Capital Growth Rate:
34.52
%
*approximate number
Key Highlights
• Net lettable area: 1490m2
• Land Area: 2145m2
• Net income of $96,124 (after 100% of outgoings including mgt fees and land tax)
• Two street frontages with drive-thru capabilities
• Major upside in the rent from 2026
Get in touch
If you’re interested in joining the lucrative world of commercial property, contact us now.
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