No items found.
Back to properties
Purchased

Well located freestanding retail with strong growth potential!

This property was recently secured OFF-MARKET for a valued Rethink Investing client. This property is minutes from a major regional CBD, situated on one of the busiest arterial roads into town. This site is a great freestanding retail site with fantastic signage exposure to the 20,000 passing cars daily.

The location of this asset is in great demand thus providing an amazing cash flow and strong growth prospect for the future owner. There is also potential to strata title in the future, making it a good add value asset STCA.

‍

Purchase Details
Asking Price
3000000
Purchase Price
2830000
Deposit (assuming
70
% debt)
849000
Stamp Duty
153499
Building Report*
800
Solicitor Cost*
5500
Valuation*
3000
Other Fees* (Depreciation
report, bank fees)
Total Cash Required
1011799
Purchase Price + Purchasing Cost
2992799
Net Annual Cash Flow Return
213000
Net Yield on Property
7.53
%
Net Yield Accounting for
Purchasing Costs
7.12
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
1011799
Cost of Loan
(Assume
3
% pa on
70
% debt)
59430
Return of Equity
(Pure cash flow return)
16.16
%
Return of Equity with a
5% Capital Growth Rate:
30.14
%
Return of Equity with a
7% Capital Growth Rate:
35.74
%
Return of Equity
10% Capital Growth Rate:
44.13
%
*approximate number

Key Highlights

• Building Area: 1451m2

• NLA: 792m2

• Freehold corner block minutes from a major regional CBD

• High exposure location with 20,000 passing vehicles daily

• 18 onsite car parks + 30KW Solar System

Get in touch

If you’re interested in joining the lucrative world of commercial property, contact us now.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Inquire now
Inquire now

More Properties

Discover more examples of our commercial properties transactions.

Start Creating Wealth Through Property Today

Insert your details to book a complimentary consultation with one of our expert Senior Buyer Advocates.

​or call us on 1300 965 551
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Join Rethink Commercial Education - Sign up to our expert-led course on commercial property investment
Join Rethink Commercial Education - Sign up to our expert-led course on commercial property investment  •  Join Rethink Commercial Education - Sign up to our expert-led course on commercial property investment
Text Link