Back to properties
Purchased
An office and warehouse investment opportunity in Queensland
Off-market property for a client' a fantastic freehold office and warehousing facility, located 5 minutes from Townsville's CBD! Situated in a highly sought-after commercial precinct boasting a low vacancy rate, this investment promises long-term growth.
This property offers a NET Annual Income of $150,000 p.a + GST (post-rental management and land tax).
Purchase Details
Asking Price
2200000
Purchase Price
2000000
Deposit (assuming
70
% debt)
600000
Stamp Duty
104641.3
Building Report*
1000
Solicitor Cost*
7500
Valuation*
2500
Other Costs*
45800
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
2200000
Total Cash Required
761441.3
Purchase Price + Purchasing Cost
2161441.3
Net Annual Cash Flow Return
150000
Net Yield on Property
7.5
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
6.94
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
761441.3
Cost of Loan
(Assume
6.5
% pa on
70
% debt)
91000
Return of Equity
(Pure cash flow return)
7.75
%
Return of Equity with a
5% Capital Growth Rate:
20.88
%
Return of Equity with a
7% Capital Growth Rate:
26.13
%
Return of Equity
10% Capital Growth Rate:
34.01
%
*approximate number
Key Highlights
- Prime industrial/office freehold investment
- Well-presented internal office
- Built: 2016-2018
- NLA: 808m2*
- Brand new 3-year lease
- Ample onsite parking bays
Get in touch
If you’re interested in joining the lucrative world of commercial property, contact us now.
Oops! Something went wrong while submitting the form.
More Properties
Discover more examples of our commercial properties transactions.
