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Prime Commercial Property Anchored by National ASX-Listed Tenant

This prime commercial property in Queensland is anchored by two well-established tenants, including a national ASX-listed company, making it a highly secure and attractive investment. The property is fully leased, offering a solid net income of $277,282 per annum with a 7.49% net yield. Located on a substantial corner block with triple street frontage, it enjoys exceptional exposure to high traffic volumes, further enhancing its appeal.

With a land area of 665m²* and a total net lettable area of 1,079m²*, the property is zoned as a Principle Centre, ensuring long-term growth potential. The investment has a weighted average lease expiry (WALE) of 3.7 years*, offering stability and a strong income stream. This is a rare opportunity to secure a high-yield, fully leased commercial asset in a prime location.

Purchase Details
Asking Price
4000000
Purchase Price
3700000
Deposit (assuming
65
% debt)
1295000
Stamp Duty
187525
Building Report*
3000
Solicitor Cost*
8000
Valuation*
5000
Other Fees* (Depreciation
report, bank fees)
70300
Total Cash Required
1568825
Purchase Price + Purchasing Cost
3973825
Net Annual Cash Flow Return
277282
Net Yield on Property
7.49
%
Net Yield Accounting for
Purchasing Costs
6.98
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
1568825
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
156325
Return of Equity
(Pure cash flow return)
7.71
%
Return of Equity with a
5% Capital Growth Rate:
21.76
%
Return of Equity with a
7% Capital Growth Rate:
26.47
%
Return of Equity
10% Capital Growth Rate:
33.55
%
*approximate number

Key Highlights

  • Fully leased freehold investment underpinned by 2 established tenants
  • Substantial corner landholding with triple street frontage
  • Zoned: Principle Centre
  • WALE: 3.7* years
  • Land: 665m2*
  • NLA: 1,079m2* split between two tenants
  • Net Income: $277,282* pa
  • Exposure to significant volumes of traffic

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