Excited to share the acquisition of a premium commercial property in North Queensland, secured off-market for one of our clients!

Our team reviews hundreds of off-market investment opportunities weekly, ensuring we consistently offer premium acquisitions to our clients. Investments like this are highly sought after, offering significant upside potential, strong yield, income diversity, and capital growth opportunities.

Strategically positioned just 5 minutes from the Airport and less than 10 minutes from the CBD, it provides excellent accessibility and is poised to benefit from the area's continued growth. The onsite car park, with 27 spaces and a diverse range of tenants ensures this is a dynamic and secure investment for our client. The net income generated is $258,402.49 per annum, with annual rental increases ranging from 3% to 4%, ensuring continuous growth for our client.

Purchase Details

Asking Price

4000000

Purchase Price

3820000

Deposit (assuming

% debt)

1337000

Stamp Duty

195612.4

Building Report*

1500

Solicitor Cost*

9000

Valuation*

3500

Other Fees* (Depreciation
report, bank fees)

84838

Total Cash Required

1631450.4

Purchase Price + Purchasing Cost

4114450.4

Net Annual Cash Flow Return

259189.34

Net Yield on Property

6.79

Net Yield Accounting for
Purchasing Costs

6.3

Cash-OnCash Returns

Deposit Needed =

% + Costs

1631450.4

Cost of Loan

(Assume

6.25

% pa on

% debt)

155187.5

Return of Equity

(Pure cash flow return)

6.37

Return of Equity with a

5% Capital Growth Rate:

18.08

Return of Equity with a

7% Capital Growth Rate:

22.77

Return of Equity

10% Capital Growth Rate:

29.79

*approximate number

Key Highlights

Brand new commercial asset (Construction completed October 2023)
Strategically positioned in a rapidly expanding area
A-grade facilities
Five brand-new leases (Chiropractor, Psychologist, Occupational Therapist, Café, and a clothing store)
Air-conditioned white shells, complete with dedicated disabled bathrooms and staff rooms
27 car spaces
Net income: $258,402.49 per annum
Annual rental increases: 3% - 4%