No items found.
Back to properties
Purchased

Freehold Medical Investment Opportunity

This commercial property is occupied by predominantly ASX-Listed national tenants, all secured under net leases, ensuring consistent performance. Situated within the bustling retail precinct adjacent to the Woolworths-anchored Shopping Centre, it presents dual street frontages along Goodwin Drive and Fortune Avenue, maximising exposure to high volumes of both vehicular and pedestrian traffic. The centre is DA-approved for expansion to build an additional 77m2* shop (plus alfresco) within the next 6 years, allowing its investor a massive value-add opportunity with the potential of a 15% increase in GLAR.

Set to benefit from the community's projected growth to over 42,000 residents by 2036, this property offers a prime investment opportunity in a sought-after location.

‍

Purchase Details
Asking Price
5500000
Purchase Price
5200000
Deposit (assuming
65
% debt)
1820000
Stamp Duty
301122.9
Building Report*
2000
Solicitor Cost*
15000
Valuation*
10000
Other Fees* (Depreciation
report, bank fees)
Total Cash Required
2261802.9
Purchase Price + Purchasing Cost
5641802.9
Net Annual Cash Flow Return
336915
Net Yield on Property
6.48
%
Net Yield Accounting for
Purchasing Costs
5.97
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
2261802.9
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
211250
Return of Equity
(Pure cash flow return)
5.56
%
Return of Equity with a
5% Capital Growth Rate:
17.05
%
Return of Equity with a
7% Capital Growth Rate:
21.65
%
Return of Equity
10% Capital Growth Rate:
28.55
%
*approximate number

Key Highlights

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