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Purchased

Fully Leased Blue-Chip Investment with Built-In Annual Growth

Our team has secured a high-performing investment opportunity in a fully leased retail and gym asset in North Canterbury. This freehold property spans 3,244sqm across three titles and is secured by two national tenants on long-term leases with fixed rental increases. Positioned in one of Canterbury’s fastest-growing regions, this asset provides strong cash flow, excellent depreciation benefits, and future value-add potential.

Purchase Details

Asking Price

4960000

Purchase Price

4600000

Deposit (assuming

65

% debt)

1610000

Stamp Duty

Building Report*

1500

Solicitor Cost*

9000

Valuation*

3500

Other Fees* (Depreciation
report, bank fees)

87400

Total Cash Required

1711400

Purchase Price + Purchasing Cost

4701400

Net Annual Cash Flow Return

322024

Net Yield on Property

7

%

Net Yield Accounting for
Purchasing Costs

6.85

%

Cash-OnCash Returns

Deposit Needed =

% + Costs

1711400

Cost of Loan

(Assume

6.81

% pa on

65

% debt)

203619

Return of Equity

(Pure cash flow return)

6.92

%

Return of Equity with a

5% Capital Growth Rate:

25.34

%

Return of Equity with a

7% Capital Growth Rate:

30.71

%

Return of Equity

10% Capital Growth Rate:

38.78

%

*approximate number

Key Highlights

• Prime location in North Canterbury’s largest town

• Two entrenched, nationally recognised tenants

• Strong WALE of 4.45 years

• Fixed 2.5% and CPI rental increases across leases

• Freehold title with a large landholding of 3,244sqm

• High-yielding at 7.0% net

Get in touch

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

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