QLD Retail Asset with National Tenants & Growth Upside

This high-performing retail asset presented an exceptional opportunity for one of our ultra-high-net-worth investors who sought a blue-chip, income-secure investment in one of Australia’s most sought-after markets.

Purchase Details

Asking Price

17500000

Purchase Price

17250000

Deposit (assuming

% debt)

6037500

Stamp Duty

Nil

918750

Building Report*

4000

Solicitor Cost*

7000

Valuation*

5000

Other Fees* (Depreciation
report, bank fees)

327750

Total Cash Required

7300000

Purchase Price + Purchasing Cost

18512500

Net Annual Cash Flow Return

1061004

Net Yield on Property

6.15

Net Yield Accounting for
Purchasing Costs

5.73

Cash-On-Cash Returns

Deposit Needed =

% + Costs

7300000

CASH FLOW AFTER
MORTGAGE COSTS

Cost of Loan

(Assume

6.75

% pa on

% debt)

756843

Return of Equity

(Pure cash flow return)

4.17

Return of Equity with a

5% Capital Growth Rate:

22.18

Return of Equity with a

7% Capital Growth Rate:

26.91

Return of Equity

10% Capital Growth Rate:

34.00

*approximate numbers

Key Highlights

Blue-chip tenant mix – Anchored by KFC, Hoppy’s Carwash, Café 63, and eight specialty tenants, ensuring secure long-term income
100% occupancy – Fully leased with a WALE of 8.01 years (GLA) and 7.89 years (Income), providing strong rental certainty
Premium strategic location – Positioned on a high-exposure corner site with 205m of street frontage and over 30,000 passing vehicles daily
Strong rental growth – All leases include minimum annual rent increases of 3% to CPI +1%, ensuring sustained income growth
Development upside – 15,760m² landholding with low site coverage and subdivision potential for future value-add strategies
Booming growth corridor – Richlands is one of Brisbane’s fastest-growing precincts, with the population forecast to increase by 83% by 2041