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Purchased

Exceptional Industrial Investment in Tasmania!

Strategically located in a light industrial estate near major transport links, just 9 km from Hobart's CBD, this property is a rare find in Hobart's tight industrial market. Demand for such properties is high, making it a sustainable and lucrative investment asset. What makes this property special is the rents were about 25% below market value, this indicates a major upside.

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Purchase Details
Asking Price
3400000
Purchase Price
3050000
Deposit (assuming
70
% debt)
915000
Stamp Duty
132820.37
Building Report*
1200
Solicitor Cost*
8000
Valuation*
4000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
3400000
Total Cash Required
1061020.37
Purchase Price + Purchasing Cost
3196020.37
Net Annual Cash Flow Return
188992
Net Yield on Property
6.2
%
Net Yield Accounting for
Purchasing Costs
5.91
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
1061020.37
Cost of Loan
(Assume
6.5
% pa on
70
% debt)
138755
Return of Equity
(Pure cash flow return)
4.73
%
Return of Equity with a
5% Capital Growth Rate:
19.11
%
Return of Equity with a
7% Capital Growth Rate:
24.86
%
Return of Equity
10% Capital Growth Rate:
33.48
%
*approximate number

Key Highlights

• Total Land Area: 3,055m2

• Total Building Area: 1,902m2

• Multi-Tenanted with A-Grade Offices and Warehouses

• Long-Term Tenants: RTC Group and King Trailer Industries

• Currently Under-Rented, Promising Strong Future Capital Growth

• Over 37m2 of Street Frontage

• “Light Industrial” Zoning Overlay

• 3 + 3 and 3 + 3 + 3 Year Lease Terms

• Fixed Annual 3% Increases

• Less than 500m from Major Glenorchy Shopping Precinct

• Durable Construction with Concrete Flooring and Metal Clad Construction

• Depreciation Benefits Boosting After-Tax Returns

Get in touch

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

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